Definition : Vote

Expression of a co-owner’s opinion, during an election, which is counted to make a decision. The number of votes that each co-owner can exercise at the meeting of the co-owners is set by the declaration of co-ownership (constituting act of the co-ownership). It is proportional to the relative value of the fraction. The undivided co-owners of a fraction exercise their voting rights in the proportion of their undivided share. For example, Robert, an undivided co-owner, owns 60% of the right of ownership of the fraction and Louise, the other undivided co-owner, holds 40%, while the fraction has a relative value of 10%: Robert will have 6 votes and Louise 4 votes at the general meeting.

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