What is required for a proxy to be valid according to the regulations?

A proxy must meet specific requirements to be considered valid in accordance with regulations governing community associations. The correct answer identifies that the validity of a proxy requires the name and signature of the individual granting the proxy, as well as the name of the proxy holder who will act on behalf of the proxy giver.

The inclusion of the name and signature of the proxy giver is essential because it demonstrates that the giver has authorized someone else to vote or make decisions on their behalf, reflecting their consent. Similarly, the proxy holder's name ensures clarity regarding who is designated to exercise the rights of the proxy giver.

Having both elements—name and signature of the proxy giver along with the name of the proxy holder—protects against miscommunication and ensures that the proxy can be verified as legitimate. This establishes a clear record of authority, which is critical in maintaining the governance and operational integrity of the community association.

In contrast, the other options do not encompass all necessary elements, which could result in ambiguities regarding authorization and responsibility. For instance, if only the name of the proxy giver is included, or if the signature is missing, there is no verifiable proof that they intended to delegate their voting rights.