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B. Before turnover of control of an affiliation by a developer to unit house owners aside from a developer pursuant to s. 718.301, the developer might vote the voting interests allocated to its items to waive the reserves or reduce the funding of reserves through the interval expiring on the end of the second fiscal year after the fiscal year by which the certificate of a surveyor and mapper is recorded pursuant to s. 718.104(4)(e) or an instrument that transfers title to a unit in the condominium which isn’t accompanied by a recorded assignment of developer rights in favor of the grantee of such unit is recorded, whichever happens first, after which time reserves could also be waived or lowered solely upon the vote of a majority of all nondeveloper voting pursuits voting in person or by restricted proxy at a duly called meeting of the affiliation.

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