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� ' . . <br /> 7.8.6 Any license, lease, rental, assignment, transfer, or purported transfer of • <br /> ar�y interest in a Stali in vioiation of this Section 7.8 shall be void: <br /> 7.8.7 The use of the Stalis, and the size and types of cars and other motori ed <br /> v�hicles which may be kept in a Stall, are subject to Ru[es and Regvlations as appro ed <br /> fr�m time to fime by the Board_ <br /> 7.$ Stora�e Spaces. There are ninety Common Element storage spaces located in he <br /> lower lev�el of the Building (collectively the "Stflrage Spaces," and individually a "Sto ge <br /> Space"). The assignment of tt�e Storage Spaces, and the operation and transfer of the Sto ge <br /> Spaces, slpall be administered in accordance with this Section 7.9. The following conditions nd <br /> restrictions shall govern the assignment,use, and transfer of the Storage Spaces. <br /> � 7.9.1 The initial assignrrtent of a Storage Space to a Unit shall be made by he <br /> A�sociation as directed by Deciarant at the time of the first conveyance of the Unit y ; <br /> D�clarant. Upon the closing of the initial sale of a Unit,the Association shali, as direc ed <br /> by Declarant, assign to the Unit the exclusive right and license to use at least one Stor ge. <br /> Space. Each Storage Space assigned by the Association shall be deemed to be licen ed <br /> anfd assigned by the Association to the Unit to which it is assigned_ After all Units ow ed <br /> by!Declarant have been conveyed, any unassigned Storage Spaces shall be deemed to ye <br /> assigned to the Association. The Association may, after Declarant no longer owns a y <br /> Umit,rent or otherwise assign any unassigned 5torage 5paces to Owners or Occupants. <br /> � 7.9.2 The use rights with respect to each Sterage Space sha!] be deemed to be <br /> liaensed exclusively to the Owner of the Unit to which the Storage Space is assign d. . <br /> The Association shall maintain records identifying the Storage Spaces, the Units to whi h <br /> th�y are assigned, the names of the Owners of the Units, and the dates of assignment a d <br /> any reassignments. A written certificate of Storage Space assignment {the "Stor e <br /> C�rtificate") shall be signed and dated on behalf of the Association and made availa le <br /> fo�'delivery on the date the Owner acquires titie to the Unit to which the Storage Spac is <br /> as�igned; provided, that the Owner has been assigned a Storage Space. The Associati n � <br /> shxli not unilateratly reassign any Storage Space assigned to a Unit. <br /> 7.9.3 A Storage Space license shall remain with the Unit to which it is assign d <br /> unrtil the license is transferred in accordance with this Section 7.93. .Subject to Secti n <br /> 7.92, a Storage Space may be transferred to anather Unit, but onty by first delivering to <br /> th� Association (i) a written transfer certificate, in a form approved by the Associati n, <br /> si�ned by the transferor and transferee, and (ii) all prior Storage Certificates and cop'es <br /> th$reof, issued with respect to the Stflrage Space. The Association shall review t e <br /> pr posed transfer for compliance with this Section 7.9 and, if the transfer complies, t e <br /> A sociation shall transfer the license on its records to the Unit owned by the transfer e <br /> an issue a new Stora�e Certificate to the transferee. The license to use the Stora e <br /> S ce shall remain with the Owner and Unit to which it is transferred until the license is <br /> tralnsferred in accordance with this Section 7.9. In the absence of a properly execut d <br /> as$ignment to the contrary, the license to use a Storage Space assigned to a Unit at e <br /> tirme of the Unit's conveyance shall be automatically assigned with the conveyance f <br /> tit�e to the Unit. <br /> M PLS-Word 9528 L 1 I 1 5 <br /> i <br /> i <br /> � <br /> . <br />