Humber/Ontario Real Estate Course 3 Exam Practice

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What is the minimum percentage of votes required from condominium owners to approve significant changes to the condominium by-laws?

25%
50%
66%
75%
80%
100%

The correct answer is: 75%

In condominium governance, bylaws are critical to establishing the rules and regulations that guide the operations and management of the property. Significant changes to these bylaws often require a higher level of consensus among the owners to ensure that alterations reflect the collective interests and rights of the community. For most condominium corporations in Ontario, the standard requirement for approving significant changes to the bylaws is a minimum of 75% of the votes from the condominium owners. This high threshold is designed to promote stability and protect the rights of all members of the condominium community. It prevents a small minority from imposing changes that could negatively affect the majority of owners. Achieving a 75% consensus indicates a strong level of agreement and support for the proposed changes, which is vital in maintaining a harmonious residential environment. Lower percentages, such as 50% or 66%, may not provide sufficient assurance that the changes reflect the desires of the broader community, potentially leading to division and conflict among residents. Hence, 75% is the correct and required percentage to approve significant amendments to condominium by-laws.