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' ~,uc:h it .,},,,lf,~:,•„t c::-ni~:r~ F.urch~~Svl OT lc~ssee of a~ .
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.~E 1' Ulv•li 1. t. .f G~, 14 ~l~ l~.i L 1 ut~ ~ l.ftt' .l~)~~TUV.sl Ot UWfll•2':,~llp OZ'
]i•~~'~u !~1~ C(,1'~:l•t.iLl~ill lu•~y kit' C~~Il~~lt1(~f1cC~ b~/ I~CiUlIlfl(~
i:i?.it. .,11 r~~•r~:,~n~. ~,t~~.ui,yi~~y th~ :~~~irt.~n~~nt be approved by
~h~• i~:.c.~,~.t,,t.i.u~i.
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(,1) :.~~.r~~.•nin~~ 1h~ ~i:::c,ci.~tion shall require
Lfll_ ~t•F~~~':.l[. (~I J~'.~',OIl~i~~~i' ~.CLf'~!fllll~ TLP. .`~1111UIt:lI1E30US1~/
~~~ith ~h~• ~.~iviny c:t ~~~~L:~c.~ ~1 int~~nlic~n to sell ~.r le~se,
~r ~~C t r.~r~~:t,•r :~y c~ii~t_, .1;•visc~ ~,r int~~rit,~ncc, r~r the
~•.urE~c,~:~, r~t ,~~•i c.,yir«~ th~~ r~:,::oci~tiai~'s experises :~nd providing
f or th~• t i~n.. inv~~lv~•d in c~~ tr~r~nininy whether ~ o~pprove
c,r cii~.~~;~.rov~. tt~~~ tr:an~:~,ci.ion or continueci ovmErship by a
tr.~r~st~r~•~~, ~,.~i~! scrr~•i~in~~ f~~e to bt ~ sum equ~~l to one
(1;~) j;~:rc:.~~~ ~ ot th~~ :..~1~~ ~~:rice of c~ndominiu~n apartment
uni t. 4~~• :~:1~1, or ~~:1~~ p~ rcc~nt of the annu3l rental
in r..hc~ ~-v••n~ c~f lc:~.:.~ ~,i .j condominium unit, provided,
ti~:it Lht~ ~nini~nuin ,cr.•~•ni~~c~ i~•e sh~ll not be less than One
, ' F~~,~?dr~•d U~~'l~~r:~ ~n~l the maximum f~t shall not .
~rxct_•~•~1 l.~rt~_• !-it,n~r~-J f=i i ty t~ollar~ ($150.G0) in cur?nection
:•~ith th~, r~~nt.~l ot cu?~~i.,minium unit, an~i s~id fee shall be
in th~. ~u~n c~t~ O~~~- !i„~?~lr~~cf Uollsrs (~10U.0U) in the event of
f.r.,i,~.t~•r t;y ,~if ~I~.:vi:;.•, ~~r°inheritance. Th~~ A~sociation
~ h.=~, cuntr~ct<<i t~~ ~•r~y ~.v~r ~hr~ saiJ screeninq fee to the
~:;,~~tr.~i: to~ ~,n~i~•c th~• L••rr~?~. ~nd ~~rc>visions ~f management
~~=~~~r.~r. •;:t,=~r~~i,y tt~.: :~~i:i ~ontr~ctor shall process
ac,c; ~ ic.~ti~.~?s :~~r tt<<_ ~.~1~•, trdnsier or lE:ase c:E condominium
~z»~*~~?~~n:.- ~nit;~ •.~c.r~:~•~: t.t~~ proposed.purchas~:r, transferee
o~r .~~~,1 F;r~.F .~r~ ! h` instru?n~nts called for by the
ll~~cl .~r ~ t. i c~r~ oi C~~n+i~~;;:.i~~i;.~:u to be suE,E:lied ~by the Association
in rt<<. ~~v~•r2t c~f' .~E.~ r~~v., 1 c,t ;uch ~:pplication, F~r~vided,
; hc:~:r~.v~:r, j~r<;vi~ior~~., ut this p~ragrapt? shall nc~t apply
' t.:~~ .~n~i ~l~~~r~ :,1~.~11 t,, nc, ~creening fee payable in a
E conn~;, ti~r? ti~:i tl~ ~ tt?~- 1•_-.. sF_~ or sale ot a condominium apart- ;
~ ~n~•nt ur~it t,y tt~~- I~~~~f~:l~;~_,~:r, IIGI with tt-?~~ le~se or sale c
€ ~~t v Ci~llilt,;p1[?luin .~~..:i'.1,tc~lit a(1 institutional l~nder r
~ ~~hi~,t~ i; ~cL~uir~~ci :u,:t? ~,~t~rtin~nt by foreclosure or by =
~ tr.,n:;t «.r in ~ i~u of i ure~lo~ure pi~ceE,dings, cr a
~ ur l~~~~~ of ~n :~~,.~rt~.ic-r~t by the condominium
A~~oci.~'.ic;r~. - ~ -
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~ ( t=.;i lur~- <,iv~: r5otice. If notic~ to the
~ Et~, ;r,c. i,t r i~~?~ ~~.r~.l.(1~~f~c;vE~ requ~r~~.1 is not given, then at
~ ,ny cir,;~- ~+f±••r r~•c~-ivin~~ F:tiowlecic~~ of .i tr~nsaction or
~ tVc.(li. !_L.~tt•~t!~i'I1(lc~ c,:lTl~~l:;~ll~~ Of ~tl d~~vIt[D~flt~ t}1e Associa-
A t.i.~~<<, it ~ t, i~.cr_i_or~ ,~ntJ ~viLhout r?ofic~, may :~pprove or
~
~ ,li::..IE;F: i~;v~ tt~~~ tr~i?:.~~ ~ i~n. I f th~ A~ ~oc~ a t.ion dis-
~ :t~~~,ruv~~ :~h~~ tr.~ns.~c~i~~n~ th~~ Associa~.ion shall proceed
^ ~s ~t i ~ t~ y~l r~_~c~riv~-~. ~-t~~• rtyuired notice on the date. of
~ ~~JCEI ~_i~ _;.+~,E:rr,v.,l. :'~ny mortg~3ge or lease v~hich is ~
~ [~G t_ •_~U r_f~t. ~rC~ [,i ~t <~~:•~ft l~ LL; t~iE' t.CTII15 afl(~ ~TOV1S10I15 OT
tt~i ~ ~~~•..l .~r.: !.i~-~r~ ~,h., l 1 t~~~ v~i~:~ unles~ substyuently apprcved
~ ir? ~,lri~.ihy t,y th~ t,~~~ci.~tiun.
x 13.1 C~i..~i ~.rov.~l t,~ _::•._;r~c:i.~r.i~~n. If thi~ Associ~tion shall
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~ ciisap~.rav,~ r.i•.:c~•:i~~?~ c,i ~~~.n~c•r~.}~iE, an a~-~artm~nt, the matter shall
i
be di~pos~d in til~• f~.;! ! c,v~inc~ ~:~~,nnc.r :
li t.t,,~ F,r~~osed transaction is u sale and ~
~ i t L!?~~ nc, t~' c~~ c;i yiv~n by the apartment owner shall so
c1~.rn~~r?~i, Lh~~ri ~•~i+i~ir? ti?irLy (30) d~ys after receipt of such ~
z
= r~~~ti~.._- :~ri~i inf~,rn~.~t.i~~n ~'-h~~ A~sociation shall dc:liver or
;::<~i' :,y ~.'.c•r~.~+ u~._+_il t.c, thc- ~~p~rtment oti,mer ~n agreement
_ to ~,ur~t~.~ tt?~ ~~.~rt,rn~~r~t concerned by a purch:,ser approved
= t,y r_~,,. ;,•.,~~~c.i•~iic~r?, ~~r ;~n ~?c~re~m~nt io purchas~ signeci in
h~~t:~,IL . ~t~~: t•.:.~ac.i~:t_ic;r~ r,}/ iLs F~rE:Sid~nt anci ~ttested
= t~y ,,•cr., r_~,ry, ir~ :;',i.~t~ F~v~,nt tt?e ~partmcnt ovrner shall
;_a _ •i' .:r,.~: ~.i,~~.nt: ~ '.t~~.~ f?:flpE`~:j F~urchaser at thc- ~;rice and
c,n t~ • t.~.~ i;r~ th~ <ii`~d(_~;rGVE•d cc,nu~,c~ to sell,
F~ oy~eP r~rt~r ~ that at . ` , • : ~~~~>ci i~r~l. ~,t th~
~~7 i, . • i '1 ~~~,•j in c. . .I? .~t .~.I~~...4.r..._
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~ BGON 2~~ PAbE 07~
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