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~ 1. i~ Oondaniniu~n do~vraent~ s~equire aither t.he right o! apprava~
of ~uyer o~c right of first rcfusal, this oontract is aontirx~ent uq~on ta)
app~rava~ ai ~uyer or (b) ti91rt of Y+efusal mt being e~cetcised. In the
event 8uye~c is mt ~y~d c~c the rigt~t of refusal is exercised, the
' d~ep~sit ~rill be returnad bo eu~nmc and this o~ntract will beoa~~ ~ull and
void. ~ar the puxposes ot this l~qreanent, any disappsc~oval or ex~ercise
of right oE first refusal zhall be d~eemed valid, arN thi.s oa?txact ~hall
~ auton~tically tesmi?n~te unles9 tJ~ parties aut~ally ag~ree t~o th~ oontrary.
~rie 9uyer aqrees bo~make applicatian far ap~p~raval witf~in t~ (l0I do?Ys
ard Seller and Buyer st~all sign ard cieliv~c any cbcuaents required by
~ the OorY3ominitm Associatian b~ oamplete the tranef~r. Any application ~
and bransfer fees' ct~arged by tt~e Oor~do~ainiun Associatiat shall ba pai~d
by the Buyer.
Z. J?sse~sa~ant9 lavied by the Grndaminium 1?ssc~cfa?t.i~n ana rent an
any Yecrea?tir~l area?s slrll b~ cvrr~t. ar made cuuczenk. at ~~asir~g.
ar~d e~?yer ~hall re~at~us~a Seller ~o~e ~unY Pr~"P~Y~tt of sa~a. t
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3. Hnj? asses~re~?b, ~+heLhe~c s~e~cial o~t general, lsviecl for the ?
pasrhase o! ac+ectea~tional ~acilities o~t othres lands, or tor any o~her .
' purp~ses. Prior to signing of tAe aont~c'act, ah~+ll be psid by S~.l.ler.
Any avch assessn~ents levied aftaer the siqnfnq of the aor?tract sha21 be
Pa~d bY ~uYer• •
4. Zhe anly co~~dan~iniua chaucge that will be pocorated is the rbrn~l
~ condom#~ruun assessn~nts fat ~oaintenance and for rent tard~er ths 1o~c~ term
~ lea~se. ~here will be n~ cxedit for od~er oorx3an~iniuA assets, iacludictig,
~ . without 2~n?itation. Pr~a3~d 3nsuran~e• tan9ible pe~cs~oral property, k~nk
; dC0i0l311t:4 O~ I~S4CVE'S.
~ 5. 8uyer's parc;el will incluic]e the w~it and arty undivided int~res~
~ in the wmmn el~~nts and any ap~xut~enant limited c~o~mron e]re~ents of
the con3acninium. ~he aro~t of said ~ivided interest shall bo as
~ ~ spocifiad in the Doclaration of O~r~aninium. Subject t~ th~~pso~visions
~ ot Standasd A, Seller shall deliver tuu euyer a ooaplet~e oapy of thc3
~ reoorded D~c]arat3on aE Oo~ridominiun, togett~c with all extdbits, as
arr~nded, sim~ltar~eously with delfvety of tlxs evid~oo of title, unless
I~ said Declaration of Ca~daninfua is oontained ir? the abstract of title
cielivered pwcsuant ta thi~ oantract.
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! ~ ~ ~ ~ ~ ~ ~ ~aox 562 P~~f 9~~.
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