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HomeMy WebLinkAbout1673 { } t . ~ atrument evidencing the o~rr~er'a title. (4) Failure to ive notice. If the above re- quired not c3 e~o ~Fie asoc a on ia not given, than at ; any time after receivir~g kn~Mledge o! a transaction or ! event tranaferring oxr~erahip or poasesaion of an apart- ment, the Aaaociation at ita election and Nithout notiae may approve or diaapprov~e the tratiaaction or o~nerahip. ' If the Association diaapproves the tranaactiona or or~n- erahip, the Aaaociation ahall proceed as if it t~ad re- ceived the required notice on the date of auch disap- provsl . i {b) Certificate of approval. . ~ . ~ (1) Sale. IP the propoaed transaction ia a sale then Mithin'~iirty (30) daya aPter receipt oP such no- tice and information the Aasociation muat ei~her ap- prove or disapprove the proposed transaction. If ap- proved, the approval shall be stated in a certificate executed by any o2'ficer oP the Association, in record- able Porm. (2 ) Lease. If the propoaed transaction ia a lease, then~hin thirty (30) days after receipt of such notice and information the Asaociation must eith- er approve or diaapprove the propoaed tranaaction. If approved, the approval shall be stated in a certit'icate executed by any oPficer of the Asaociation, in non-re- cordable form. (3) (3ift deviae or inheritance; other tranafera. IP the apar men ot~mer g v ng no ce a acq re s title by gift, devise or inheritance or in any other ~ manner, then xithin thirty (30) days after receipt of ~ such notice and information the Asaociation must either approve or diaapprove the continuance of the apartment oxner's orrnership of his apartment. If approved, the app~oval ahall be stated in a certiPicate executed by ar~r officer oP the Association in recordable form. ~ (c) A roval of corporate o~+ner or purchaaer. Inasmuch ~ ~ne ~ as the Co o n um maq e uae on y or rea e 1 purposes ~ and a corporation cannot occupy an apartment fbr such uae, iP ~ the apa.rtment oNner, purchaser or lesaee of an apartment ia a f ~ corporation, the approval of oxnership or lease by the corpo- ~ ~ ration may be conditioned by requiring that all peraona occu- pying the apartment be approved by the Association. (d) Screeni Feea. The Aasociatlon ahall require the depoait o a reaeona le sareening Pee aimultaneous ~y ~rith the giving of notice of intention to sell or leaae, or of trans- fer by gift, deviae or inheritance, for the purpose of de- Praying the Association's expenses and providing for the time : involved in determining whether to approve or disapprove the ~ tranaaction or continued oxnerahip by a tranaferee, said : acreening fee to be a sum equal to one (1~) percent ` of the sales price of a condominium apart~aent unit being sold, ~ ~ or two (29~) -percent of the annual rental in the ~vent oP a lease of a condominium unit, provided, that the minimum ~ screening fee ahall not be leas than One Hundred ($100.00) ~ Dollars and the ma~cimum fee shall not exceed One Iiundred ~ FiPty (~150.00) Dollars in connection Mith the rental of a ~ ~ condominium unit, and said fee ahall be in the aum of ; One Hundred (~100.00~ Dollara in the event of tranePer by gift, ~ devise, or inheritance. The Aasociation has contracted ~ to pay over the said screening fee to the Contractor under ~ the terms and provisions of a manag~ment contract, xhereby ~ 8~~~t7 P~#~~~ ~ _ f ~ ~ i~ 261.2 s~~~ ~ ~.AW OFFIGES OF GOIDSTEIN. FRANKUN. CHONIN A SCHRANK. P A 2020 NORTHEAST 163r+o STREET. NORTH MIAMI BEACH. F1.ORIDA 3~162 - - - ~ " . r