HomeMy WebLinkAbout0878 1.5. ' ~~~f_ ~ ~t'.`.~~t I ~l l(+11. r~l~• ~1~~~illiVJl O1 ~.hf:
Fii~S(:'~(.1.~1_•LU1~ l'. 1'~•t~illl•.•~~ ~(i! L~It~ ~.I~.t~l~~tt?T Of uwnershiE!
c,f aE:.~rc.~~~~~~?~~, ,',.:.tl 1~~~ ..:,,c.,i~~,_~~1 in th~ follc,?vinc~ n~ann~i.
t!,~t ic~~ i,. i;•.~.u~i.,l.lUf1. .
( 1) 1,~. An .,i,.~i-tmc~nt c~wn~~r intcnding to
Iti,~}:,• , 1~~~11,~ ~ i~~~• tll`i .~(~~~2'Cfll~llt l~L~ ~~fl~/ lllt.F~Ii:St
i(l . ~ ;~,:]1 ~~1V= `fi~. ~~`„Gi.l.l~l(~(1 IlUL1Cc• Ci: SUCfi
~ n t, c~; i.~<< ~ tc,~~, ~ t f~•• i t,i? t.ht~ n~~m~~ ~ncl ~,d~ir~, s~ ot th~~
i~~~.~ c„!,•~~ ~.~,:c!..,~.~ ~.l~~:i ~uct~ c~~h~r infcrm.,tic,n concc~rning
;.t~~ i<it.~.n~f~•~I ~~t,r~.t~.~:.~~r th~ k~.:soci~tion ru~~y reasonably
r~~:#u:r.~. ~~u:.`. ~~~,t i~ .,t. t_h~ a~~:,rtmen~i. O~'1T1E'I~ s option
iu~:y in. lci~.• ~u.~nci l~y th~ .~E;.~rLment ovmer that the
~_,sc,~ i..~ tic,n f urni~,i~ ~urct?a~c:r of the ~partrnent ~if
tt~.~ ~,rc~~~~~s~•ci ~.urct~.~•.~-r is not a}~proved; and if such
.~~•IR,fll:l 15 m~~.j~•~ l.fi~. I~UL1Ci: shall ~f: c3CCOlD~~anied b~/ an
~~x~~cu~~J cc~~,y oC ~h~ ~~rc~};osed contr~ct to sell.
) L~•.~ ..c-. :+n .~E_~:,r tmc~nt owner intending to m~ske
?~:~n:~ fici~ 1~:~5~• c,t t~is ~~p~rtrn~nt or any interest in
i t ~~h.~] 1 aiv~ tr: tt~~~ 1i;sociation notice of such
ir~t~.:-~'.ion, tc~c3~-tt~;~r ~vith t_h~ name and address of the
i~~t.~•~~ci~~~i 1~.~-..~-~•, ~u~:t: oLh~r informaticn conc~rning the
i n;.~~n.j,•;! 1~::.F-~- t!,~ ~„~oci.ation mdv ~scnably
r~.~.~~:ir~- snJ sn ~•x~r~ut~d copy of the ~roaosed lease.
(-s) ~;ift ~i~~vi~.~~ or inh~~ritance; other tr~nsfers.
:,n ~~c~.1I tm~,~i L c,~:n?~~r ~o has o Laine is ti t e y gir t,
:i~.:vi5~~ ~r inh~:rit~nc~, or by any other manner not
~•r~~vic~usly consi:l~-r~.:1, shall give- to trie Association
r,~ t.i;,~• tli~ .~.:c~uiring of his titlc~, together vrith
int orrri.+t:ic,n cc:nc~.rning tt~r apartrnent ovmer as the
:;..:,c~c i~~ C i~n jn:,y rt, e~on~sbl.y require, and a certif ied
_c~,,.?~•~ c;f th~~ ii~~t.ru~~~~nt evidencing the owntr's title.
(4 ) f=., i 1„~ t:~ c~ive noticc-. If the above
r~-yuir~cl n~~tic.~- t_,~ t1?~: A~sc,ci~tion is not given, then
; .:c ~~~1y t.i~n~- ~Ct.~•c r~~c~iving knov:ledge of ~ tran:,~ction
~ ,;i ~~v~~nt tr~sr~~;i~:rriny ovrnership or possession of an -
.~~..~i t~n•-n± , tt~~~ t+:,soci~tion ~t its election dnd without
; nc.r.ic~~ s~i.~y ~,,~,rc.v~~ c,T clis~E~~~rove th.e transaction or :
; ~:•::r~.•i ~hiE~, It t_h~- ~:~suci~Lion disapproves the trans- .
.,..'.i„r::, <~r ~~:~:n.•r~~t~iF~, th~. Hssociati.on shall proce~d
~ ~ i c- i t t<<~~.1 T~~•c:• iv~d th~ reyuire~ notic~: cn the date
t * •;~1(:~l ~15~iE.i,t. V.~~ .
~ ~
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~ t:,J _ -ft.1f 1C~:i.•r C,I ,s~i(,T't~V~~l .
~
3 ( 1/ ..,1~_ . i: i.~~?c: ~:Z~ .l;~E~ tT~I1SdC ~1GR 1S ~
~ . t E: t.t~~-i~ ;:i111i s~ L}~ir ty ( 30~ days a f t~r receipt of such
~ ' i c:~• ~r~~ in: ~.r:~~ : tic>n t}?~~ hssociation must either
~ ::;:v cr ~ii~:~~,Fr~,vc th~- E_zr>Fc.=ed trans~ction. If
~ ::.c~cv•-cf, th~ ~~~~r,r~-v~1 sl?~1~ be stated in a certificate
' ..~•cut.~:l l;y ~iny ct f ic~r c~i CFYC. ASSUClatlGtl~ in rec~rd- ,
~ I C;II:t.
~ ^ .
~ 1.:~~=, 1 t tr;~~ r;roE.c,~~~d transvction is a
~ t.t~cn t•~ Lt~in tt,irty ( 30) days af ter receipt
~ c i ~,uch n<~Lic~_ :~nd iniorrnation the Association must
- t~,~r ~E.pr~vt: or c~i~~E.prov~ the proposed transacticn.
- ~r,c~r~,v~~~~, ~h~~ .~E~E~rov~l shall be stated in a
` c:~.~~.iti~~=tc ~~x~,cut~~ by any officer of the tissociation,
::c,r~-r~~ct,r:~.:t;? r- : orm. ,
( 3 j ~:if t, :~~•vi: c.r inh~ritanc~ ; othc•r transfers ~
- *t-~~~ ~.E;.?r~~>>•~nr. ~~;n?~r giving notice has acyulred h15
~ ~.i ~lc: t,y yii t. ~1.~v: or inheritance cr in ~sny otr?er
:r.i~~. ; ~t,~n ::i ;_?~ii-~ thir'~y ( 3~~; ~~ys ~f ter rc ceipt af
_ :i~ ..~"'i• t; ~ 1(liC•=`(lc:tliifl t~;". r~SCC13t1Cfl (i1USt c~ither
I(,V,_r• c;r i;:t rc,VE- ~hf: c~~ntinuance Gf t}lr apartment
C,::f;~•I ~ ~ `v::~irT•.~~t~. C.! ~II.~, .~~;~II~.lili.'(lt. If ~1F'.~~ZUV~C.~~ Lrlf.'
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