HomeMy WebLinkAbout0812intended purchaser, lessee, or "new owner" within the
time limits extended to the Association for that purpose
as hereinafter set forth and which application shall be
completed and submitted to the Association along with
and as an integral part of the notice. A reasonable fee
not to exceed Fifty Dollars ($50.00) may be charged to
the transferor of a unit for the purpose of defrayinq
the cost of investigation and the costs associated with
granting approval, changing books and records and other
matters associated with a transfer.
(b) Certificate of Approval.
(1) Sale. If the proposed transaction is a sale,
then within fifteen (15) days after receipt of such
notice and information, the Association must either
approve or disapprove the proposed transaction. Such
approval or disapproval shall be.transmitted to the
seller in writing within the aforesaid fifteen (15) day
period, and failure to do so shall constitute approval
of the sale. If approved, the approval shall be stated
in a certificate executed by the President or Vice
President of the Association, which shall be recorded in
the public records of St. Lucie County, Florida, at the
expense of the seller.
(2) Lease. If the proposed transaction is a
lease, then within ten (10) days after receipt of such
notice and information, the Association must either
approve or disapprove the proposed transaction. Such
approval or disapproval shall be transmitted to the
lessor in writing within the aforesaid ten (10) day
period and failure to do so shall constitute approval of
the lease. If approved, the approval shall be stated in
a certificate executed by the President or Vice
President of the Association, which shall be delivered
to the lessee. The Association shall not approve any
lease for a term of less than three (3) months.
(3) Gift, Devise or Inheritance; Other Transfers.
If the unit awner giving notice has acquired his title
by gift, devise or inheritance or in any other manner,
then within fifteen (15) 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. Such approval or
disapproval shall be transmitted to the owner in writing
within the aforesaid fifteen (15) day period, and
failure to do so shall constitute approval of the
ownership. If approved, the approval shall be stated in
a certificate executed by the President or Vice
President of the Association, which shall be recorded in
the public records of St. Lucie County, Florida, at the
expense of the unit owner.
18.3 Disapproval by Association. The Association may
disapprove the transfer of awnership of a unit if the transferee
does not qualify to be a unit owner pursuant to this Declaration
by delivering or mailing to the transferor, within ten (10) days
after receipt of the notice of intent to transfer, notice of the
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FEE. KOBLEGARD & TEEL. P. A. ~~0
ATTOPNE7s AT LAW ~345 P~1/E
POST OFFICE BO% f000
FORT PIERC[. FLORIDA 3,430
T[~[~NOn~. (~J051,61•5020