What is a phased-in appointment of homeowners to the board of directors?

A phased in appointment to the board of directors refers to the fact that in a condominium project, once fifteen percent of the units have been sold, the homeowners are entitled to elect one third of the board members which still leaves the developer in control. After the developer transition, then the homeowners can elect the remaining number of the board members. In a homeowner’s association, once fifty percent of the units are sold, the homeowners are allowed to elect one member of the board and then once it goes through developer transition, then they get to elect the remaining members of the board.