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ARTICLE III <br />VOTING, MAJORITY OF OWNERS, QUORUM, PROXIES, <br />VOTING BY MAIL <br />Section· 1. Voting. The votes for . each Lot shall be as set forth • in Article II, Section 2.2 of the <br />Declaration. No vote shall inure to any Lot during the time when the Association is an Owner <br />thereof. A majority of the votes cast at any properly constituted meeting of the Owners, or cast by <br />mail in accordance with Section 3, shall decide all matters properly brought before the Owners, except <br />where a different vote is specifically required by the Declaration or these Bylaws. The term "majority" <br />as used herein shall mean in excess of 50 percent of the votes cast at a meeting, in person, by proxy, <br />or by mail. Cumulative voting shall not be permitted. <br />Section 2. Quorum of Owners. As used in these Bylaws, the term "quorum of Owners" shall mean <br />those Owners entitled to sixty percent (60%) of the votes of the Association. In the event multiple <br />Owners of a Lot cannot agree on the exercise of voting power for such Lot, any one of such Owners <br />may apply to the Board of Directors, which, after hearing all parties at a special meeting, shall <br />determine the manner of exercise of the voting power for the Lot by a majority vote of the Directors <br />voting at such special meeting. A Director shall not vote at such special meeting with respect to a <br />Lot of which he or she is one of the multiple Owners. <br />Section 3. Proxies and Voting by Mail. Votes may be cast in person, by proxy, or by mail. Proxies <br />must be filed with the Secretary before the appointed time of each meeting. The entire vote on any <br />issue, except the removal of directors, may be determined by mailed ballots, subject to the following <br />requirements: · <br />a. The notice of the vote shall: (i) clearly state the proposed action, (ii) indicate the number of <br />responses needed to meet the quorum requirements, (iii) state the percentage of approvals necessary <br />to approve each matter other than election of directors, and (iv) specify the time by which a ballot <br />must be received by the Association in order to be counted. <br />b. The ballot shall: (i) set forth each proposed action, and (ii) provide an opportunity to vote, <br />for or against each proposed action. <br />c. The Board of Directors shall set the time for the return of ballots, which shall not be less <br />than 15 nor more than 30 days after the date of mailing of the ballots to the Owners. The Board of <br />Directors shall provide notice of the results of the vote to the Owners within 10 days after the <br />expiration of the voting period. <br />d. Approval by written ballot under this Sectio11: is valid only if the number of votes cast by <br />ballot equals or exceeds the quorum required to be present at a meeting authorizing action, and the <br />number of approvals equals or ·exceeds the number of votes that would be required to approve the <br />matter at a meeting. <br />4