HomeMy WebLinkAbout2717 •
'
a certified copy of the instrument evidencing the
owner's title.
(4) Failure to Give Notice. If the notice
to the Association erein required is not given, then
at any time after receiving knowledge of a
transaction or event transferring ownership or
possession of a unit, the Association on behalf of
all or any one of the unit owners of record and
without notice may approve or disapprove the .
transaction or ownership. If the Association of all
or any one of the unit owners of record disapproves
the transaction or ownership, the Association shall.
proceed as if it had received the required notice on
the date of such disapproval.
b. Certificate of Approval.
(1) Sale. If the proposed transaction is a
sale, then within %hirty (30) ds?ya after- receipt of
such notice and information the Association must -
either approve or disapprove the proposed
transaction. If approved, the approval shall be
stated in a certificate executed by the President, or
any Vice President, and Secretary, or any Assistant
Secretary, in recordable form and shall be delivered
to the purchaser and shall be recorded in the Public
Records of St. Lucie County, Florida, at the expense
of the purchaser.
(2) Lease or Mortgage. If the proposed
transaction is a lease or mortgage, then within -
thirty (30) days after receipt of such notice and
information the Association must either approve or
disapprove the proposed transaction. If approved,
the approval shall be stated in a Certificate
executed by the President or any Vice President and
Secretary-or any Assistant Secretary in recordable
• form, which at the election of the Association, shall
be delivered to the lessee or mortgagee or shall be
recorded in the Public Records of St. Lucie County,
Florida, at the expense of the lessee.
(3) Gift, Devise or Inheritance; Other
Transfers. If the unit owner giving notice has
acquired his title by gift, devise or inheritance or
in any other manner, then within thirty days after
receipt of such notice and information the
Association must either approve or disapprove the
continuance of the unit owner's ownership of his
unit. If approved, the approval shall be stated in a
Certificate executed by the President or any Vice
President and Secretary or any Assistant Secretary in
recordable form and shall be delivered to the unit
owner and shall be recorded in the Public Records of
St. Lucie County, Florida, at the expense of the- unit'
owner.
11.2 Disapproval by Association. If the Association
shall disapprove a transfer of ownership of a unit, the matter
shall be disposed of in the following manner:
F
a. Sale to Unit Owners. If the proposed -
transaction is a sa e, t en w t in seven (7) days of
receipt of such notice and information, the Association
must notify all record unit owners of the proposed sale
g
600K P~GE2~