HomeMy WebLinkAbout0464 -20-
G. Proviso. Provided, however, that until the
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Developer has completed all of the contemplated improvements . ~
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and closed the sales of all of the dwelling units of the con-
dominium, neither the dwelling unit owners nor the Association
nor the use of the condominium property shall interfere with
the completion of the contemplated improvements and the sale of '
the dxelling units. Developer may make such use of the unsold
units and common areas as may facilita~e such completion and
sale, including but not limited to maintenance of a sales office,
the shoxing of the propertp and the displap of signs. Said 1
Developer shall, be responsible for any assessments which may be ~
levied by the Association against any dwelling unit or units
owned bp said Developer, and shall complp with the terms and
provisions hereof iri the same manner as any other owner of
dKelling units in INI,ET HOUSE COh`DCMINIUM APARTMENTS. ~
AR.TICLE %III
MAINTSATAA1CTs OF CQ~lMUNITY INTERESTS ~
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In order to maintain a coffinunity of congenial residents ;
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who are financially responsible and thus protect the value of
the dwelli.ng units, the transfer of dwelling units by any owner
other than the Develoger shall be subject to the following
provisions as long as the condominium exists and the apartment
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building is in useftiil conditior~, which provisions each dwelling '
! unit owner covenants to observe:
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I A. Transfer Sub ' ct t
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~ l. Sale. No dwelling unit owner may dispose of .
F , a dwelling unit or any interest in a dwelling
~ e unit, by sale without the approval of the ;
' ~ Association, except to another dwelling unit
owner.
2. I,ease . No dwelling unit owner may dispose of a
we ing unit, or any interest in a dwelling ~
unit, by lease without the approval of the
Association, except to another dwelling unit
owner.
3. Gift. If any dwelling unit owner shall acquir.e
Fis ~title by gift, the continuance of his
ownership of his dw~elling unit shall be sub~ect
to the approval ef the Association.
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~ ~~3 ~ 464
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