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HomeMy WebLinkAbout0951 the showing ef the property and the display of si~ns. Said Developer shall be re sponsible for any assessments which may be levied by the ; Association against any dwellin~ unit or units owned by said Devel- oper, and shall comply with the terms and provisions hereof in the ; same manner as any other owner ~f dwelling units in INLET HOIISF CnNn~M_ E r TNZI?M APAR`IT~iENTS . r AR.TICT.E XTTT MAIN`~'ENATvTCF OF CnMMtiNITV INTERF~TS In order to maintain a community of con~enial residents who are financiaily responsible and thus protect the value of the dwell- ing units, the transfer of dwelling units by any owner other than tne i ~eveloper shall be subject to the following provisions as long as the ~ Condominitur; exists 3nd the apartment building is in useful condition, which provisions eadh dwellin~ unit owner covenants to observe: A. TRANSFER. SUBJECT TO APPROVAL . 1. Sale. No dwelling unit owner may dispose of a dwel2in~ unit or any inte rest in a ' dwellin~ unit, by sale, without the approval of the Association, except to another dwell- in~ unit owner. 2. Lease. No dwellin~ unit owner may dispose of a dwel~ing unit, or any intere st in a dwell- ing unit, by lease without the approval of i ~j the Association', except to another dwelling ~ ~ un it owne r . # E ~ 3. Gift. If any dwelling unit owner shall ac- quire his title by gift, the continuance of ~ his ownership of his dwelling unit shal2 be ~ subject to the approval of the AssociaLion. t ~ . Devise or Inheritance. If any dwellin unit 4 _ g ~ ovmer sha acquire is title by devi se or inhe ritance , the continuance of his ownership of his dwelling unit shall be subject to the approval of the Association. ~ 5. Other Transfers. If any dwelling ~nit owner ~ ~ ~ s 11 acquire is title by any manner not con- ~ sidered in the foregoing subsections, the con- ~ tinuance of his ownership of his dwellin~ unit ~ shall be subject to the approval of the Associa- t i on . ~ ~ >j B. APPROVAL BY THE ASSOCIATIGN. The approval of the As- ~ :7, =-K sociation that is required for the transfer of ownersr.ip of dwelling ri ~'s ~ ~ units shall be obtained in the following manner: ' ~3 . 1. Notice to Association. t.= -P~ x ~ _20- ~190 9~8 ~ ~ - ~ ~ ~ ~ ~ ~ ~ . :