Maine Real Estate License Practice Exam

In an association of 100 units where ownership is split, how is the voting power determined?

1. One vote for each legal owner as expressed in the deed

2. One unit - one vote

3. Votes are determined based on unit size

4. Votes are determined at the time of resale

The correct answer is: One unit - one vote

In an association with multiple units, voting power is typically determined by the principle of "one unit - one vote." This means that each unit owner has an equal vote regardless of the size or market value of their unit. This approach is commonly adopted to ensure fairness and equality among all unit owners in decision-making processes, such as electing board members or approving budgets and rules. In contrast, other methods of determining voting power, such as assigning votes based on unit size or having varying votes based on ownership documentation or resale status, can lead to complexities and potential conflicts among owners. Additionally, distributing votes based on these factors can undermine the collective agreement necessary for effective governance within the association. Therefore, the one unit - one vote system is widely accepted as a straightforward and equitable method for voting in condominium and homeowner associations.