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~ 18.2 Partial Release of Lien. In the event a lien
against two or more condominium parce2s. becor~es effective, each
owner thereof may relieve his condominium parcel of the lien by
paying the proportivnate amount attributable to his coRdominium
parcel. Upon such payment, it shall be the duty of the 1 ienor to
release the lien of record for s~ch condominium parcel.
19. PROVISIONS GOVERNING THE ALIEtJATION AND MORTGAGE OF
Ut1ITS. In order to maintain a community of congenial residents
who are financially responsible and to protect the va2ue of the
units, the transfer of units by an owner other than Developer
shall be subject to the following provisions so long as the
Condominium exists and the improvements, in useful condition,
exist upon the Land, which provisions each unit owner covenants to
observe:
19.1 Transfers Subject to Approval.
(a) Sale or Lease. No unit owner may dispose of a unit
or any interest in a unit by sale or lease wifihout approval
of the Association, except to another unit owner.
(b) Gift, Devise or Inheritance. If a unit owner shall
acquire his title by gift, devise or inheritance, the
continuance of his ownership of ,his unit shall be subject to
the approval of the Association, unless he is already a unit
owner approved by Association or Developer.
.19.2 Approval by Association. ~he approval of the
Association is required for the transfer of ownership of unit
falling within Paragraph 19.1 and shall be obtained in the
following nanner:
(a) Notice to Association.
(1) Sale. A unit owner intending to rrake a bona
fide sale o~ his unit or any interest in it s~all give
to the Association notice of such intention, together
with the name and address of the proposed purchaser, the
purchasQ price and terms, and such other information
concerning the proposed purch~ser as the Association rr,ay
reasonably require and an executed copy of the praposed
contract to sell. Such notice, at the unit owner's
option, may include a demand by the unit owner that the
Association furnish a purchaser of the unit if the
proposed purchaser is not approved, provided, the
proposed purchaser- qual i f ies as a unit owner in
accordance with this Declaration and the Rules and
Regulations promulgated by the Association.
(2) Lease. Any unit owner intending to make a
bona f ide lease of his unit or any interest in it shall
give to the Association notice of such intention, ~
togethez with the name and address of the proposed •
lessee, and such other information concerning the
proposed lessee as- the Association ~~ay reasonably
req~ire, and an executed copy of the proposed lease,
which shall be for a term of not less than three (3)
months.
(3) Gift, Devise, or Inheritance; Other Transfers.
Any unit owner who has obtained his title by gift,
devise or inheritance, or by any other rr~anner not
previously 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
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