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�,' � tr. . Owner or the Owner's authorized representative, furnish the resale disclosure certificate. The . � Association may charge a reasonable fee for furnishing the resaie disclosure certificate and any documents related thereto. SECTIl7N 6 - ASSESSMEN''!'S 6.1 General. Assessments shall be determined and assessed against the Units by the • � Board, in its discretion, subject to the requirements and procedures set forth in this S�ction 6 and the Bylaws. Assessments shall include annual Assessments under Section 6.2, and may include special Assessments under Section 6.3 and limited Assessments under Section 6.4. Annual and special Assessments shall be ailocated among the Units in accordance with the allocation formula set forth in Section 4.2. Limited Assessments under Section 6,4 shall be altocated to i Units as set forth in that Section. 6.2 Annual Assessments. Annual Assessments shall be established and levied by the _ Board, subject to the limitations set forth hereafter. Each annua( Assessment shall cover all of the anticipated Common Expenses of the Associaiion for that year which are to be shared equally . by ail Units in accordance with the allocation set forth in Section 4.2. Annual Assessments shall be payable in equal monthly or quarterly installments, as determined by the Board. Annual Assessments shall provide, among other things, for an adequate reserve fund for the replacement of those parts of the Common Elemenis and those parts of the Units for which the Association is res�onsible, except to the extent that the replacement is funded by limited Assessments pursuant to Section 6.4. Unril the first annual Assessment is levied, Declarant shall pay all Comman Expenses. 6.3 Snecial Assessments. In addition to annual Assessments, and subject to the • limitations set forth hereafter, the Board may levy in any Assessment year a special Assessment against all Units in accordance with the allocation set forth in Section 4.2. Among other things, special Assessments shall be used for ihe purpose of defraying in whole or in part (i)the cost of any unforeseen and unbudgeted Common Expense, (ii) general or specific reserves for maintenance, repair, or replacement of any part of the Property,and (iii) the maintenance, repair, , i or replacement of any part of the Property,and any fixtures or other property related thereto. 6.4 Limited Assessments. In addition to annual Assessments and special Assessments,the Board has the authoriry to (and, in certain instances set forth in this Section 6.4, shall) levy and allocate limited Assessments among only certain Units in accordance with the following reguirements and procedures: � 6.4.i Any Common Fxpense associated with the maintenance, repair, or replacement of a Limited Common Element shall be assessed exclusively against each Unit or Units to which that Limited Common Element is assigned, equally or by the cost per Unit. 6.4.2 Any Common Expense benefiting fewer than all of the Units, may, at the Board's discretion,be assessed exclusively against the Unit or Units benefited. MPLS-Word 95261 J I g � _...._---�-- � i