CONDO ACT-BD OF MANAGER RIGHTS

Amends the Condominium Property Act. Restricts the applicability of a Section concerning the rights of the board of managers to actions taken under provisions stating that the board of managers has standing and capacity to act in a representative capacity in relation to matters involving the common elements or more than one unit, on behalf of the unit owners, as their interests may appear. Deletes language providing that a provision in a declaration which would otherwise be void and ineffective may be enforced if it is approved by a vote of not less than 75% of the unit owners at any time after the election of the first unit owner board of managers.