HomeMy WebLinkAbout1684 .
III.
I~ENTIFICATION OF UNITS
A. The Condominium prope~ty consists essentially
of the units subdivided within the area described in
Exhibit "A". For the purpose of identification, all units ,
in the area on said Condominium property are given identi-
f_ying numbers and delineated on the survey exhibits col-
lectively identified as Exhibit "B", attached he~eto and
made a part of this Decla~ation. Developer may from time ~
to time enter further descriptions and plats to form the
whole of Exhibit "B". No unit b~ars tfie same identifying
number as does a~y other unit. The aforesaid identifying
number as to the unit is also the identifying number as to
the pa~cel. The said Exhibit "B" also contains a survey of
the land. a plot plan, a~d together with this Declaration,
they are in sufficient detail to identify the location,
dimensions and size of the common elements and of each unit,
as evidenced by the Certificate of the Registered Land
Surveyor hereto attached. The legend and notes contained
within the said Exhibit a~e incorpo~ated herein and made a
part hereof by refe~ence. .
B. P~ovided, however, that until all condominium
parcels have been sold by the Developer, no parcel shall~ -
be deemed to have been submitted to this Oecla~ation as
to Association management and control but as to the re-
strictions of use, apportionment of expenses (including
accounting costs), the by-laws, assessments, etc. shall
apply; provided further, however, whenever the Developer
actively ceases to generate sales, it shall be interperted ~
as the event of completion of saies.
,
~
~ IV.
E
l ~
~ OWNERSHIP OF COMMON ELEMENTS
~ ~
A. The unit owners of the Condominium shall own
a propartional undivided interest in the common elements _
and limited common elements, if any are shown upon the
plat or plats identified fully as Exhibit "B", equal to
1/176 for each lot owned.
~ B. The fee title to each Condominium parcel
shall include both the Condominium unit and the above
respective undivided i~terest in the common elements,
said undivided interest in the common elements to be
~ deemed to be conveyed or encumbered with its respective
~ Condominium unit, even though the description in the
instrument of conveyance or encumbrance may ~refer only
~ to the fee title to the Condominium unit. Any attempt
to separate the fee title to a Condominium unit from
~
~
~
~ 3
~
i + . ~Y ~
.
. . .
- ~ ~ _ ' ; - 1,, ~ r ~,-4~ ~ -
~
~ ~ ~ ~ ~ ~
. '~,;,E: