Definitions for "Special Resolution"
Important condominium decisions such as enacting or amending bylaws, or selling or leasing common property require that a Special Resolution be adopted by a majority vote of the unit owners at a properly convened General Meeting. A majority constitutes not less than 75% of all unit owners entitled to vote and the votes must also represent at least 75% of the total unit factors.
a resolution passed by a majority in number and at least three-fourths in value of the creditors present personally, by telephone, by attorney or by proxy at a meeting of creditors and voting on the resolution.
a resolution adopted by more than two-thirds of the votes cast in person or by proxy at a general meeting at which shareholders representing more than two-thirds of the voting rights of all shares carrying the right to vote are present