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11.1 A rova2 b Al1 Unit Owners of Record. The
approval of all un t o~rnera o recor e s~re qu red for the
transfer of ownership of unite ahall be obtained in the
folloWing manner: ~
a. Notice to Aeaociation.
(1)~ Sale. A unit owner. i~tending to make
a bona fide sale
~ hie unit or any interest therein
shall give to the Asaocietion.notice of such ~
intention, together with the name and addrese of the
inte~ded purchaeer and such other information r
concerning the intended purchaser as the Aseociation ~F
may reaeonebly require. Such notice at the unit
owner's option may include a demand by the unit owner
that the Association furnish a purchaser, if the -
~ propoeed purcheeer is not approved; and if auch i
demand ie made, the notice ahall be accompanied by an
executed copy of the proposed contract to sell.
(2) Lease or Mort a e. A un it owner
intending to ma e a ona e ease or mortgage of
his unit or any interest therein ahall give to the
AsBOCiation notice of such intention, together with
. the name and address of the_intended less~e or
mortgagee as the Association may reasonably require,
and an executed copy of the propo8ed leaae or
mortgage and mortgage note.
~ (3) Gift• Devise• Inheritance• Other
Tranafers. A un t owner o s o ta ne s title
y g t, devise or inheritaace, or by any other
manner not heretofore considered shall give to the
Association notice of the acquiring of his title,
together With auch information concerning the unit
owner as the Association may reaso~ably require, and
a certified copy of the instrument evidencing the ~
o~ner s title. r
(4) Failure to Give Notice. If the notice
to the Associat on re n requ re s not given, ttien
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 ownera of record and
Without notice may approve-or disapprove the
trensactioct or ownership. If the Association of all
or any one of the unit oWners of record disapproves
the transaction or oWnershi~, the Association shall
proceed ae 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 Wit~i
n 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 Secretarq, or any Assistant ~
Secretary, in recordable form and shall be deZivered ;
to the purchaser and sha11 be recorded in the Public
Records of .St . Lucie County, Florida, at the eacpense _
of the purchaser. ;
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: ao~~~388 PAGE 9fi1
JOADEN, MEIROSE 3 SCHUETTE. P.A.NINT?r iLOOR, 140~ BRiCKELI AvENUE, MIAM1. FLOR~DA 33~31 • TELEPNONE (3051 373-)571
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