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HomeMy WebLinkAbout0783 ~ . i ~ f F shall be subject to the approval of the Association. (d) Devise or inheritance. If any apartment owner shall acquire his t tle by devise or inheritance, the con- tinuance of his ownership of his apartment shaZl be subject to the approval of the Association. (e) Other Transfers. If any apartment owner shall acquire his i e y any manner not considered in the fore- going sub-sections, the continuance of his ownership of his apartment shall be subject to the approval of the Association. 13.2 A roval b Association. The approval of the Association that is require or e trans er of ownership of apartments shall ' be obtainEd in the following manner: (a) Notice to Association. (1) Sale. An apartment owner intending to make a bona fide sale of his apartment or any interest in it shall give to the Association notice of such intention, together with the name and address of the intended purchaser ann such other information concerning the intended purchaser as the Association may reasonably require. Such notice at the apartment { owner's option may include a demand by the apartment owner that the Association furnish a purchaser of the apartment if the pr~posed purchaser is not approved; and if such demand is made, the notice shall be accompar.ied by an executed copy of the proposed con- tract to sell. (2) Lease. An apartment o~wner intending to make a bona fide lease of his apartment or any interest in it shall give to the Association noticE of such in- , tention, together with the name and address of the in- 1 tended lessee, such.other information eoncerning the intended lessee as the Association may reasonably re- quire and an executed copy of the proposed lease. ~ (3) Gift, devise or inheritance; other transfers. ~ ~ An apartment owner w o as o taine is tit e y gi t, ; devise or inheritance, or by any other manner n~t pre- ~ viously consfdered, shall give to the Association notice ~ of the acquiring of his title, together with such infor- mation concerning the apartment owner as the Association may reasonably require, and a certif ied copy of the in- strument evidencing the owner's title. ~ (4) Failure to give notice. If the above re- quired notice to the Association is not given, then at ~ any ti.me a~ter--receiuing -knowledge of_ a transaction. Qr_ _ ~ event transferring ownership or possession of an apart- z ~ ment, the Assaciation at i.ts election and without notice ` ~ may approve or disapprove the transaction or ownership. ~ If the Association disapproves the transaction ~ ~ ~ or owr~ership, the Association shall proceed as ~ if it had received the required notice on the date of such disapproval. ~ 3F _ (b) Certificate of approval. ~ (1) Sale. If the proposed transaction is ~ a sale, then within thirty (30) days after receipt ~ of such notice and inFOrmation the Association must either approve or disapprove the proposed ~ transaction. Zf approved, the approval shall ~ be stated in a certificate executed by any ~ officer of the Association, in recordable form. ~ -15- 800K 10~ P~GE 7S~e ~ ~A'~IV OFFlCES OF GOLDiiTE1N. FRANKL!N, CHONIN 3 SGHRANK. P. A.. 2020 NCRTHEAST 163RO STREET. NORTH MIAMI BEACH, FLORIDA 33162 - r_~ _ ~ ;