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0430 Old Crystal Bay Road North - 33-118-23-13-0016
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Garage Condos Declaration
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2/18/2026 3:43:14 PM
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Elements. <br />3.2.4. Heating, ventilating, air conditioning, plumbing, electrical or mechanical equipment <br />serving only a certain Unit or Units and located wholly or partially outside the Unit boundaries is <br />allocated to the Unit or Units served by such equipment. <br />3.3 Annexation of Other Property. In addition to the Additional Real Estate, which may be <br />unilaterally annexed only by the Declarant, other real property may be annexed to the common interest <br />community as Common Elements and subjected to this Declaration, in accordance with Section 515B.2425 of <br />the Act. <br />SECTION 4 <br />ASSOCIATION MEMBERSHIP; RIGHTS, INTERESTS AND OBLIGATIONS <br />Membership in the Association, and the allocation to each Unit of a portion of the votes in the <br />Association and a portion of the Common Expenses of the Association and undivided interests in the Common <br />Elements, shall be governed by the following provisions: <br />4.1. Membership. Each Owner shall be a member of the Association solely by reason of owning a <br />Unit, and the membership shall be transferred with the conveyance of the Owner's interest in the Unit. An <br />Owner's membership shall terminate when the Owner's ownership terminates. When more than one Person is <br />an Owner of a Unit, all such Persons shall be members of the Association, but multiple ownership of a Unit shall <br />not alter the voting rights allocated to such Unit nor authorize the division of the voting rights. <br />4.2. Allocation of Voting ��hts. Undivided Interests and Common Expense Obli atg ions. Voting <br />rights, undivided interests in the Common Elements and Common Expense obligations (subject to Sections 6.4 <br />and 6.7) are allocated among the Units based upon the area of each Unit (exclusive of any optional mezzanine <br />area) relative to the aggregate area of all Units, as set forth as percentages in Exhibit A attached hereto. The <br />voting rights, Common Expense obligations and undivided interests referred to in this Section 4.2 shall be <br />reallocated among all Units based upon the above formula in the event additional Units are created. <br />4.3. Appurtenant Rights and Obli atg� ions. The ownership of a Unit shall include the voting rights, <br />Common Expense obligations and undivided interests described in Section 4.2. Said rights, interests and <br />obligations, and the title to the Units, shall not be separated or conveyed separately, and any conveyance, <br />encumbrance, judicial sale or other transfer of any allocated interest in a Unit, separate from the title to the Unit <br />shall be void. The allocation of the rights, interests and obligations described in this Section may not be changed, <br />except in accordance with the Governing Documents and the Act. <br />4.4. Authority to Vote. The Owner, or some natural person designated to act as proxy on behalf of <br />the Owner, and who need not be an Owner, may cast the vote allocated to such Unit at meetings of the <br />Association. However, if there are multiple Owners of a Unit, only the Owner or other person designated <br />pursuant to the provisions of the Bylaws may cast such vote. The voting rights of Owners are more fully <br />described in Section 3 of the Bylaws. <br />SECTION 5 <br />ADMINISTRATION <br />The administration and operation of the Association and the Property, including but not limited to, the <br />acts required of the Association, shall be governed by the following provisions: <br />5.1. General. The operation and administration of the Association and the Property shall be <br />governed by the Governing Documents, the Rules and Regulations, and the Act. The Association shall, subject <br />64 <br />
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