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� ' , . <br /> � <br /> 7.8.b Any license, lease, rental, assignment, transfer, or purported transfer of • <br /> any i}�terest in a Stali in vioIation of this Section 7.8 shall be void: <br /> I7.8.7 The use of the Stalis, and the size and types of cars and other motorized <br /> vehi�les which may be kept in a Stall, are subject to RuEes and Regulations as approved <br /> . frem time tQ time by the Board. • <br /> 7.� Stara�e Spaces. There are ninety Common Element storage spaces located in the <br /> lower le�ef'of the Building (collectively the "Storage Spaces," and individually a "Storage <br /> 5pace"). T�e assignment of the Storage Spaces, and the operation and transfer of the Storage " <br /> Spaces, shal be administered in accordance with this Section 7.9. The following conditians and <br /> restrictions�hall govern the assignment,use,and transfer of the Storage 5paces. <br /> - 7.9.1 The initia] assignment of a Storage Space to a Unit shal) be made by the <br /> Ass�ciation as directed by Deciarant at the time of the first conveyance of the Unit by ; <br /> Decl rant. Upon the closing of the initial sale of a Unit,the Association shali,as directed <br /> by D�eclarant, assign to the Unit the exclusive right and license to use at least one Storage <br /> Spaq'e. Each Storage Space assigned by the Association shal3 be deemed to be licensed <br /> and ssigned by the Association to the Unit to which it is assigned. After all Units owned <br /> by eclarant have been conveyed, any unassigned Storage Spaces shall be deemed to <br /> assi ned to the Association. The Association may, after Declarant no longer owns an <br /> Unit`rent or otherwise assign any unassigned Storage Spaces to Owners or Occupants. <br /> I7.9_2 The use rights with respect to each Sterage Space shall be deemed to b <br /> licer�sed exclusively to the Owner of the Unit to which the Storage Space is assigned <br /> The Ipssociation shall maintain records identifying the Storage Spaces, the Units to whic <br /> they are assigned, the names of the Owners of the Units, and the dates of assignment an <br /> _any reassignments. A written certificate of Storage Space assignment (the "Storag <br /> Cert ficate") shall be signed and dated on behalf of the Association and made availabl� <br /> for elivery on the date the Owner acquires title to the Unit to which the Storage Space i <br /> assi ned; provided, that the Owner has been assigned a Storage Space. The Associazio� i <br /> shal not unilaterally reassign any Stocage Space assigned to a Unit. I <br /> � <br /> 7.9.3 A Storage Space ficense shall remain with the Unit to which it is assigne <br /> unti the license is transferred in accordance with this Section 7.93. .Subject to Sectio <br /> 7.9. , a Storage Space may be transferred to another Unit, but only by first delivering t <br /> the ssociation (i) a written transfer certificate, in a forrn approved by the Association <br /> sign�d by the transferor and transferee, and (ii) all prior Storage Certificates and copie <br /> ther of, issued with respect to the Storage Space. The Association shall review th <br /> pro osed transfer for compliance with this Section 7.9 and, if the transfer complies, th <br /> Ass ciation shall transfer the license on its records to the Unit owned by the transfere <br /> and�issue a new Storage Certifcate to the transferee. The license to use the Storag <br /> Spa e shall remain with the Owner and Unit to which it is transferred until the license i <br /> tran ferred in accordance with ihis Section 7.9. In the absence of a properly execute <br /> assi nment to the contrary, the license to use a Storage Space assigned to a Unit at th� <br /> tim of the Unit's conveyance shall be automatically assigned with the conveyance o <br /> title to the Unit. <br /> MPLS-�4ord 95�81.1 I �5 <br />