What are the rights of the homeowners or condominium owners before the transition?

The rights of the home owners or condominium owners before the developer transition are relatively limited in a condominium project after 15% of the units have been sold, the home owners are entitled to elect two members of the Board of Directors, and a homeowners association after 50% of the units have been sold, the homeowners are entitled to elect one member of the Board of Directors. Other than that, they are entitled to attend Board meetings, which the Developer Control Board is required to have.