HomeMy WebLinkAbout2851 strument evidencing the owner's title.
(4 ) Failure to give notice. If the above re-
quired not ce o e ssoc a on is not given, then at
any time after receiving knowledge of a transaction or
event transferring ownership or possession of an apart-
~ ~ ment, the Association at its election and without notice
may approve or disapprove the trarisaction or own~erahip.
IP the Association dis approvea the transactiona or own-
ership, the Association shall proceed as iP it had re-
ceived the required notice on the date oP euch diaap-
proval . .
(b) CertiPicate of apFroval.
(1~ Sa2e. If the proposad transact2on is a sals
then within'~Fiirty (30) days after receipt of such no-
. tice a»3 information the Association rm~st either ap-
prove or disapprove the pi*oposed transaction. If ap-
proved, the approval shall be atated in a certificate
executed by any ofPicer of the Association, i~, cord-
~ able form.
(2) Lease. If the proposed transaction is a
lease, then
w3~Y~in thirty (30) da~rs after receipt oP
such notice and inPormation the Association must eith-
er approve or disapprove the proposed transaction. If
approved, the approval shall be stated in a certificate
executed by any o2'ficer of the Associ~tion, in non-re-
cordable Porm.
(3) Gift, devise or inheritance; other transfers.
If the apar men owner g v ng no ce as acq re s
title by gift, devise or inheritance or in any other
; manner, then within thirty (30) days after receipt of
such notice and information the Association must ei~her
= approve or disapprove the continuance of the apartment
~ owryer's ownership of his apartment. IP approved, the
~ approval shall be atated in a certificate executed by
~ ar~y ofPicer of the Association in recordable Porm.
~
; (c) Approval of corporate owner or ~urchaser. Inasmuch
as the Co o n um may e use on y or res en 1 purposes
; and a corporation cannot occupy an apartment for such use, if
~ the apartment owner, purchaser or lessee of an apartment is a
~ corporation, the approval oP ownership or lease by the corpo-
ration may be corxiitioned by requiring that all persons occu-
~ pying the apartment be approved by the Association.
`s~
~ (d} Screening Fees. The Association shall require the
~ deposit o a reasona e screening fee simultaneous~y with the
~
- giving of notice of intention to sell or lease, or of trans-
fer by gift, devise or inheritance, for the purpose of de-
~ fraying the Association~s expenses and providing for t e time
~ _ involved in determining whether to approve or disapp~e the
, transaction or continued ownership by a transferee, said
- s creening Pee to be a sum equal to one (19~ ) pe rcent
~a of the sales price of a condominium apartment unit being sold,,
or two (2~) percent of the annual rental in the event ~
o~ a lease of a condominiwn unit, prov#d~d, that the minimum ;
- screening fee shall not be less than One Hundred ($100.00) '
Dollars and the maximum fee shall not exceed One Hundred
Fifty (~150.00) Dollars in connection with the rental of a
~ condominium unit, and said Fee shall be in the sum of
One Hundred ($100.00) Dollara in the event of transfer by giPt,
y~ devise, or inheritance. The Association has contracted
- to pay over the said screening fee to the Contractor under
the terms and proviaiona of a mariagement contract, whereby .
~
Y OR
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+J+W OF/ICLi nf GOLDiTEIN, iMNKL!!i, CMQNIH • SCMRAHK, P. A., Z020 HORTMi'cAfT N3aD YTREEY. NORTM MIAMI BEACH, FLORIOA 33162
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