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~ ~ i1~ liV.~ ~ ~_1 _i . ~ i~i~J',1 ( I~V:R~'f ~ll~ ~UT~~:`I.l :,t'T.
li~.~~,~~~u~~ii 1~~.:
~.~.~,~,f~~:iii~it_~nn iu,~y t;~, us~~ o~l y or re~ic~trntial
~~t11~;(i',~•'~ ~s111) ~.c~IE~l,I..( LUII ~:.~Il(lUL OCCU~}/ ilfl uF;c31"t.fllt.Clt ZOI
:;uc1~ u~~~, it t.l~~~ .~f ~u:.•~~t. o~Jn~:r, F~urch.~ser or l~~sse~ of~ an
,~4;.,rt~~,~•i~t. i~ ~:~~i~}~c,, .:t i„~~~ L~~•~ ~pE~roval of OW~I~'I'Slll~ or
1~~<=~~c• t~y t.l~~~ c c:?'~ c.~ t i~~i? iu.iy L~~• c~,n~ii l ic~nc:d by r~~quirinc3
t.l~,~t. .,Il i;~~r~.~~n~. ~,.:~_u~.yi~~~~ tl~.~ .3F~:lrt.in~~nt bc approvc;d by
- r?,~• i~....~<<: i } i.c>i?. ° •
(~i) ~:,.r~•~•ni~~~i 1~,~~-~.. lh~ ~;:.~~~ci.~tion sh~ll reyuire
~.l~~~ ~i~~r.~~•,i+_ i~~.~•~~~??.11.1~~ ~ci~:~~nin9 tee ~irnultsneously
:•:i~i~ t.i~~• c~ivir?~~ ~~•i r~~~l.ic~~ c,i i~?t~n~ion to sell or lease,
t;1' Ul t r.~li'.1 ~•T ~~y ~I11 f_ ~.1='V1St• GT inheri tancc'~ rGT tfl@
t;ur~,~. ~~t :i,~t ~~yin~~ rl;~~ :•.:.soci~tion' ~ ex~en~.es and providing
:~r Cl~~~ tim~: inv~~! v~-ci ir~ d~.: t~rmininy rvhether ~ o ~pprove
~,i~ _ii;.~~-,~,r~>v~~ l:t?,, ~r,u~s`lc ~ior~~ or continued ovmership by a
tr~~n~t~•r~•t•~ ~.~icf ~cr.•~-r?iny f~-e to be a sum equr~l to one
(.t;t;) E~~rc4~~~t ot tt<<~ _.~~lc~ ~ F:rice oi a condominium apartment
unit. h~ in~r _:i;l~i, ~r t:,:~~ ~ercent of the annu~l rental
in ! h~• ~v~_~nL ~f lt~.: ~~t conduminium unit, provided,
th~~t tht~ mini~nwn sc-r~:~~nir?c~ f~=: shall n~t be less than Une
Hundr~•~ U~,ll,~r~ (':•.1~~:~.~vU~, ~r~d the maximum ft~e sh~lZ not
~~xr~•~d t~n~~ !iun:ir~~ f~i.t ~y i,o11ar5 ($15U.UU) in cor~nection
~Arith ~h~~ ~~~nt,,l oi c:~;i~,1~~~niniun?_ unit, an.i s~~icf fee shall be
ii~ tl~~• su~u r~t Ui+~ 4lun:ir~~~! Uoll~~rs ( y100.0U) in the event of
Lr.~~~st~~t E,y ~~ii t., ~1~-vi•,.~, or inheritance. T}:e A~sociation
1~~~, cc~ne.r~?..t, ~1 E,~y ~~ve~r the ~a~d screeninq fee to the
~.:c~ntr.~ct~:, ~,nci~~~ tt?~ L,~rr.~:. .~nd prc~visions ~f a management
cunLr.~ct~ ~:t:~-r.:?,y tt,~.- s.iici C;ontractor shall process
ap~,? ic~~:.ic:,~; tor th~ ~..11~•, transfer or lEase ot condominium
~ ~ ~,~;ar~m._n~ ;~nits, ~crF•~~n th~~ proposed purchaser, transferee
C,1' l~ ~ ~ .~Ri~ ~;•r~ E~sr~~ th~ instrum~~nts called f OT by the
~,-cl..~r ~~~.c~~~ of ~:~~n~i~~;,:ir?i~.~;n to be suE~plied by the A'ssociation
in tt-?~. ~~v~•nt ui ~~,i~r~-v.: i oi ~uch ~p~~lication, proviried,
t~,,~v~.:v~~r, th~~ pruvi,.ion~ c~i this paragrapt? shall not apply
i tu, ~+na .t!,ei~ ~sh.~ll t~~~ n~:~ ~creening fee payable in
conn~~tiur, ~•.iti~, tt~~. 1~•.~~.:~ or sale of a condominium apart- ~
; ,n~nt unit t~y th~ .~~~v~:luE.~:r, nor with tt<<~ le~se or sale
; uf tj conc~umi~,iu~u .~~,.=I !~,1.~~?t by an insti~utional l~~nder
~ ~~:iii~-h 11a, uc.~uir~~cJ ~:uc_i, ~~:artin`nt by foreclosure or by
; tr~~n~r~-r ir1 li~~u oi~ ~or~c.lo~,:ure ~r~.;cet~dings, cr ~ '
s c,r 1~~.~~~ ;,f ~n .~}-~rt~n~nt by the condominium
s i~~;iOl.l ~':_l~l(1.
t .
~ t-.,ilui.~ t<~ c~iv~~ notic~~. If notice tv t`he
a
~ i,~~sc~~. i: ~ i~,n ~~~r.,: ~_~:~~k~r,v~:~ r~i~~r~:d is nat given, then at
~ ,ny ~.:iinE~ ~~*t,,-r r~•c~-~~,rinn 6:no~r11.•c1~~~ o? tz~nsaction or
. ~v~~nt '.~~l~:~~t:~i-rii~y ~~:~~~~rst~i~ ot ~i; dE,art:nent. thc.~ :;ssocia-
3 t.l.~;tl~ lt`: ~•Ic.~'t].,v(~ :t[l~ YIl~:}10Ut; (IOf.1C~~ Iti~~' ~pprove OT
" ~1i ~.s~:~. i~}v~. ~h~ tt.,n~~~. t. i~n. I t tf?~ A~soci a tion :3is-
~ a F; E;rov~~s th~ tr;,ns~+ct.ic,n, th~~, Associa~ion shall proceed
~ :~s i? i'_ tl~S~i i~~c~.~iv~-~, r.h=• r~-quired notic~ on the d~te of
~ ~:~ci~ ,+.i.;.~r.i~rr,v.~l. t'+ny ~,:~li~, m~rtg~ige or lease vlhich ~s
~ f1i;t. aUf ~l(~r1'~-C{ f~~iTSt_t.~lit t~. L~?E,' LETI(1S ~iflC~ ~3rOV151Gf1S Of
~ Li~i ~ ~t~c ~.~r.~ r i~c? ~~h.~l 1 i~:~ voicl unles5 subs~quently approved _
~ ir; :~rir.iny t,y tt~~- :+~~uci.~t.ic.n.
~
~ 1"s.l ~~i_.~~ c r~~v.~l k~y ~,~~;:c,~:i~~ti~~~~. If tl:e Association shall :
; ~
; C~1 Sd~i~,TGVi C I' sii i~_ r C: r C~`:+t~t• z`;}~ 1(: Ui vtl ap~rLment, the ma tter S}ld l l ~
i
= be disposed in Lt:~• 2~;ll~+~rinc~, m.,r?nf~r: ~
_ j if th~.: ~~r~~osed transaction is ~•sale and
x -.:i}F~.
it L1~~, nc.~ic~~ of c~iv~n by thc~ apartment ovmer shall so
ci~~m.~n~, ~!a~~n ~•~it.l~in thirty (30) duys after recei~;t ot such
no! icc ,-in~± inf ~,~r~<<:t.ic;r~ +.h~~ A~sociation shall deliver or
;r,,, L` ;,y I,_•c; ~~.*_c~z ~~ct ~n:, ~ 1 t~~ th~ ~par tment ovmer dn agreement
y:~ to E~ur~t?.i,.: !i~~• ~F~~r!.+c?~.nt= concerned by a purchuser approved
t,y ~.~~~ci~tic~n, c~~~ an ac~rc~ment co purchas~ signed in
~ i,.:h:,1; :.t,~: ~1:.so~i~ir_i:~n k~y its I~re sident and attested
r,y i~~ , ~•~c.: ~•t~~ry,' in ~~:'~ir.t~~ ev~~nt tt~~: a~artmcnt ~::ner shall
~~•1~ '_t:e• ,~~;:.i-~.r,,.~r,± r.:. r~.~mc•~ F~urchaser at the price and
=;~i UC;(iIl '.l~•. t_.i!~~: ',~1.••+1 ~f~ i.f~•- ~11 ~o~'(;rov~d contr~Ct t0 $ell ~
= e~xcepT~~y, that ;At ' ~ ~ ~ ' : .~~~•cl 1 IfT~f.-. ~>r th~
'll , . ~ . . . 'f 1. .i ~.l .l(i i.~. .It ..i I .1'....
. _ $og~ 2.2~ Q~ 808
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