Posted: Mon Jul 29, 2019 9:22am
That's the way I read it, Pete.
Sounds perfectly reasonable to me. I've known residents on a community who were fed up with the disruption caused by holiday tenants, and the increase of community costs they caused, like increased cleaning and pool maintenance.
I also consider the reference to participation to mean that it's not just a simple one vote per property. For example, if one property is twice as big as another, then the owner of the larger property effectively has two votes against the smaller property's one.