HomeMy WebLinkAbout0751 1 i . '!~1(1'i'!:`3A`CE 0}. COI•TMIUNII'Y Itv'I'i:RiST. In order to main-
<<eitt :i ~•utun:ut?i~y of congenia~~ resents who arc financially
responsible ~~nc! thus protect the value of the uf~artment, the
r.rar~sfur of residential apartments by any u~mer other than
;ice :)~veluper or by the owner to the Je.veloper shall tie sub-
i~ct to the following prnvisions as lon}.~ as the Condominium
exists and tho anartn:ent builc!in~; in useful condition exists
~lnon the lane!, tti~hi.ch provisions each resici~r.tial apartment owner
cuvt~t~ants to observe
11.1_ 'iftA:\tii~t:!Z SUB.II~.C'f TO Af
P"OVAL.
a. Sale. ,do residential apartment owner ntay dispose
c,F an :~t~art^.tent
~or any interest in a resicietttial apartrt~ent by
sale ki t!lout a~~~roval of the Association except to an apart-
ra~ n t c~cdct~ a- .
b. Gift. If and residential apartment owner shall
::cnuir~ his tit~o by lift, the continuance of his ownership
cat iil~ apartment shall be sub~ct to the approval of the
.~ss~,~i,itiun.
c. lievise or Znherita~~cL. If any residential apart-
~..ent u-:mer s}:ail acquire hip ti~Ie by devise or inheritance,
L_`~~- cc~r.tinuanc~ of his o~,~mershin of his apartment shall be
.::b~ect to the ~~~~~rovai of the Association.
~3. c;r i:~r 'Ir~3,:sfers ; ".z~asin~. If any residential
:?nit u~,mur :~hal1-:icc~u~re his
tic~~y any tnanner not consid-
t•rt•ci iti til~• `or~~;c?in~; subsections, t_hc continuance of his
<~wtier5hip of ~ni~ s~t:~II be subject to the approval of the
Association.
An .i;z::r'_^.~ent ow^aer r,.:y Lease his apartment without the approval
Q* t tE' a~SSOC:.~lt.0:2.
? ~ . ? . Ai'f!?UV~1i. ;Y ASSOCIATIO:v . The approval of the As-
sUCia~ : on ~ h.34 is~'require~~or the transfer of ownership of
r~sicc.ntia_ units shall be obtained in the following manner:
:~:c~!_ice to Association.
(I}. S31e. A residential unit owner intending
'.o {:::~~e a bona :ide safe of a residential unit or any interest
i~ st:al? Kive ~o the Association notice of that intention, f
_:>~~ether wi*h the-nave and address of the intended purchaser ~
.:~~ci such other iafor^tation concerning the intended purchaser as }
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ea~i ~4~ PscE 75U
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