Definition : Reduction of the voting right of the developer

A legal regime to the effect that in co-ownerships of 5 fractions or more, there is a progressive reduction of the number of votes at the disposal of a developer at the meeting of the co-owners. Thus, after 3 years, the latter may not hold more than 25% of all the votes whatever his real share, save and except for the votes attached to the fraction serving as his residence