90% resolution – Condo for rent in Singapore
Condo for rent in Singapore. The 90% resolution is also decided on the day of the general meeting by SPs who are present at the meeting. In this case, a motion can be passed when the SPs who vote for the resolution constitute at least 90% of the share value of all the valid votes cast at the meeting. For example, a 90% resolution is required in the decision to allow an SP to carry out improvement to his unit that will result in an increase of the floor area of the development. Such improvements may include roofing a private enclosed space. Condo for rent in Singapore.
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