The new legislation modifies section 27 of law 7933 as follows:
- Reduces the voting percentage required at the HOA to approve and vary the proportional area of the subsidiaries concerning the total area of the condominium or the size of the common areas from a unanimous approval to ⅔ approval. Howewer, it specified that if green areas or parks from the common areas are going to be reduced or eliminated, this decision needs unanimous approval from the HOA
- Reduces the votes needed to vary the clauses of the condo declaration, its bylaws, and CC&Rs, from a unanimous approval to ⅔ approval.
Also, it specified that if green areas or parks from the common areas are going to be reduced or eliminated, this decision needs unanimous approval from the HOA.
Keep in mind that every year, unless otherwise indicated in the CC&Rs, there should be an HOA meeting to vote and approve relevant matters for the complex, such as the annual budget, appointment or renewal of the HOA administrator, special assessments, etc.