HomeMy WebLinkAbout0807 13.? i,~ ~l r~~,c i.~ t i~,n. Tt?~~ .~E~~rov.~l c~f the
A::suc..i~, t iur~ i. i~, r,•y~, ~ ~~•~l t c;c t.h~~ lr:~nst ~~r of owner~hip
of ~E~.,~ tn~~~r~t.~ ;h,~l l!.~• c-t~;.,,i~~~~,! in the fo1lr~~vinq IU.1(1(~~2 .
IJ~~t.li'~~ t:; .i~~;1.~ilUll. .
( ! ) 1 ~ ~ . .1n ~~c,:~rt~n~•nt. avrner intending to
n~.~{<,• ~ hc~n.~ : i:i~~ :.~1,~ c,t his ~pc~rtment or any interest
i(1 i~ 1t,iJ1 C~1V~ 1..• '.f1~• ii:,SGi:1:~L1C)fl (lUt1Cr C)i SUC~I
s r? t., s~;. i~..t~ , tc;~~~ • ti~~• r:: i t}~ thc~ ri:~m~ ~nd ad~ir~~ s5 oE the
ir~t~ ~:.1~•,1 E;urct..t~..~~ .,n<~ ~uct, othcr inform:,~ir~n concerning
t!<<_ int~•n~1~-.i riurc.l,.~~~~r .,s thc~ A~suciati~n in:,y reasonably
r~.t~u::~~, -~u:', ~„~t.it at. the apartment oavner's option
in.~y ir~c 1 u~l~ .l~:u~.~itci hy th~ aE~artment owY1c~I' th~t the
A,soci.~tion furni~t~ a~urcha~er of the apartment if
th~• F~roE~os~~ci ~.ur~i?,~~~~r is not a~~proved; and if such
~i~•m~n.1 is n~r:~i~~, t 1~~: n~ tice sha11 be accompanied by an
~x~~c:~t~~cl cupy ~f ~t~~ ~roposzd contract to sell.
L~~.,;c~, f\n ~~p3rtrn~nt ovmer intending to make
a t~c~,t~.~ i icl~ ]`~ts~- oi t~is a~;artm~nt or any interest in
i t ~t~,,l 1 giv~ to t.t?~ ~lssociation notice of such
iriL~•ntiun,, t~~c3~t!?~•r ~vith ~he name and address of the
~r?t.~•ncf~~ci le:,:;~-~., sucii oth~r information concerning the
}.n;.•~,~.:.~.1 j,~ssi r.~~, tl~~ i~s~oci:,tion mav -~:~sonably .
r-.~~.ii.~: ancl arz ~ x~-cut~~d copy uf the ~roposed lease.
~.5~ ~~tf i. t~i•Vl~:t~ QT znh~~ritance; C)ther transfers.
:+n .~r:.,r ~mc~n t o~~lt?~•r ~•:1~ ha.~, U~ tidlfl@ is ti t e y git t,
,i~•vi Gi inti~~ri t.~nc~ , or t,y any other manner not
pr~-vic~u~ly ccn~i:i~-r~~d ~ si~all give to th~ Nssociation
~~:~.tic~_ ~:i th~ ;,c.uuiric~g uf his titl~, tac~ether with
~ .;,c infc~rtn+tion cc~nc~.rning ttle ap~rtrnEnt ovmer as the
f,_..c,ci:,tion ir~:~y if•.,svnably rcrquire, and a certified .
, c~py c~t th~ ins~run,~~nt c:videncing the owner's title.
(4) F~,ilu~~• to c~ivf~ notic~.~. If the above
r--r
r~-yuir~:ci r~<,tic~- c., tt?~: Association is not given, then
~,riy tin~~ ~ft~.r r~cciving knowledge Uf a tran:,~ction
ur ~v,•nt *.r~r~sf~rring ownership or possession of an
.~~~.~rt?n~,nt, the iissociation at its electian and without
n~ ~ i~_~~ rri.~y ~~;E;rc.vc- or dis~~~~rove the transaction or
~~~~fr~~~r~F~i~. If th~~ A~suciation disapproves the trans-
.~~:'.i~~r,s ~~r ~,r.~n~.r~t~ic,, thF Association shall procePd
ds ii it t~,,d r~-c~~iv~d the reyuired notice on the date
~;t •:~~ct~ c~is.~~~c r, v:~l .
t:,; ~-r t_i T i.c:~ L•- ;~t ~~~~;r~v.~l .
j ~~i 1.: . 1 ~ ~1ie Fr:~ l~s~d trar,sac ticr, is a
! c t.t~~.n t:~i thin Lljirty ( 3G~ days af ter receipt of such
•.ic~• .~n;: in:c,i::~.:tic~n th~: Association rnust either
: ..:.-,v~• ::r :lis~,~ ~rc,v~ the pr~~e=ed trar~saction. If '
rc:v~:~~~, th~ ~E~r,r~v~l sh~,ll be st~ted in a certificate
~~x~~cut~;! by .~ny GI:ic~z oi the Association, in record-
~ ~ f <iI!!l. - .
( 2) L~-~, . I f thc~ ~;.ro~>ost~d transaction is a
t.t~c~n`
i Zt~in tt?irty ( 3U) days af ter receipt
c' ~.uc}, no±ic~ ~n~i intcr~nation the Association must
: th~r ~E;prav~ c.r dis~F~provF~ the praposed transacticn.
,~~~c.~rc~v~~~, tti~~ ~ac~F~rovol ~hall be stated in a
tific,~:c: cx~~cur_~:~~ by ~ny officer of the Hssociation,
~~~c,r,-r•.~cc,r~J;:i,l~, form.
(3) Git t, ct~~vis~~ or ir+heritance; other transfers.
~ s r t `r
i: tl~~ ~par t,n.-r, t r,;,r~t:•r giving notice has acquired his
~i.l~:_~ t;y c~ii t, rl~~vise or inl~exitance or in ~ny other
~:,.:~.nc:: , ~F~~;n ::i ~hin thir ~y ( 30 )~~y, af ter receipt of
c~- t:cF~ in: c-,:rn~:' ic.n ASSOC1s3t1Gf1 must cither
. ~;.ci~v,.: ~~r di~.~.~rcv~ *hc~ contin~ance of the apartment
c,.:.',~.•' ~(,,-:r,~~r~,!:ii• c~f his a~;artm~nt. If ap~roved~ the
. . - . ` , ~ _ . ~-•~i ir~ ~ `~_rtific.~t-- EX"CUtf(~
. t . _ . t~`., ;~;":l.i`._~fi ~fl ~c:Ci•Z'...~:~~" i~/:~:~.
, ~ $oox223 ~ 80?