Joint Ownership

An association’s governing documents will generally provide that if more than one person holds an ownership interest in a separate interest property within the association, each owner shall be a member of the association. However, the voting rights of that separate interest shall only be exercised by one owner at a time. Owners do not vote proportionately based on their ownership interest in the property. The governing documents may also limit the number of owners per separate interest that may simultaneously serve on the board.

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