Equipment at the 1970s Green Hotel in Kinross is so dated that it effectively becomes illegal in 2015 when new European regulations come into force.
Unless the facilities are upgraded the rink will be closed down and the local club, which was established in 1668, made homeless.
In a bid to save the club, members of Kinross Curling Trust have approved proposals to negotiate a lease with Montgomery Hotels, operators of the Green Hotel.
The Trust voted overwhelmingly, 98 – 13, to negotiate a 25-year lease with the hotel, but the club will now need to raise the necessary £1.1m to £1.8m to carry out the upgrades.
Club chairman Blair Melville welcomed the "overwhelming" support from trust members.
He suggested the current problems, which have been brought to a head by the new legislation, have been brewing over a number of years.
Mr Melville said: "The rink has undoubtedly suffered from under-investment for many years.
"The trust will work to secure funding from as many sources as possible to achieve what local curlers want – a facility which will attract future generations into one of Scotland's true native sports."