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HomeMy WebLinkAbout1242therein shall give to the Association notice of such intention, together with the name and address of the intended purchaser and such other information concerning the intended purchaser as the Association may reasonably require. Such notice at the unit owner's option may include a demand by the unit owner that ~he Association furnish a purchaser, if the proposed purchaser is not approved; and if such demand is made, the notice shall be accompanied by an executed copy of the proposed contract to sell. (2) Lease or Mort a e. A unit owner intending to make a bona f~de~ease or mortgage of his unit or any interest}therein shall give to the Association notice of such intention, together with the name and address of the intended lessee pr mortgagee as the Association may reasonably require, and an executed copy of the proposed lease or mortgage and mortgage note. (3) Gift; Devise; Inheritance; Other Transfers. A unit owner who has obtained his title by gift, devise or inheritance, or by any other manner not heretofore considered shall give to the Association notice of the acquiring of his title, together with such information concerning the unit owner as the Association may reasonably require, and a certified copy of the instrument evidencing the owner's title. (4) Failure to Give Notice. If the notice to the Association herein 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 dis- approves 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 thirty (30) days after receipt of such notice and information the Association must either approval 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 Che 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. I£ 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. ~ _s_ ao~x3~5 P~cE~40 ~ HELLIWE~I. MELROSE 6 OEWOIF, NINTH FLOOR, ~40~ BRICKEII AVENUE. MIAM1, FlOR10A 33131 • TELEPHONE l309) 373-~57i "~__"~~r, _ .~ . ,.. ~ . _. . ~~ . . _ , _ . ~.l :z~~ _ .. ._ . _ - - :~ "'~c~=-~ . .