Condominium Declaration - Laserfiche WebLink

Home Browse Search

� � + � - i .5 Leasin . Leasing of Units shall be aliowed (subject to reasonabte regulatio by � ihe As ociation) but only in accordance with the following conditions: (i) no Unit ma be subleas d, (ii) a Unit must be Ieased in its entirety (not by room), (iii) the lease shall e in writing (iv)unIess otherwise required in connection with the financing,guarantee,or insuri g of a Unit ortgage, and except for leasing of Units owned by Declarant, no lease shall be or a perio� ess than twetve m�nths, except for extenuaring situatiors, (v) the lease shall provid that _ it is su ject to the Governing Documents, the Rules and Regulations, and the Act, and tl�a any failure f the lessee to comply with the terms of such documents shall be a default und the lease, nd (vi) prior to occupancy of the, Unit by the lessee(s), the Association shall rece ve a copy o the fully-signed lease along with a written list of the name and telephone number o each Person who will occupy the Unit under the lease,and the absentee address of the leasing 0 ner. The A saciation may impose such reasonable Rules and Regulations as may be necessa to ' imple ent procedures for the leasing of Units, consistent with this Section and applicabl law, includi g but not limited to{i}a requirernent for a forrn addendum to be attached to each le e to assure hat the rights and authority of the Association and Owners and Occupants are reco ized, and (ii a requirement for the screening of lessees through a reputable, professional scre ning organi ation; provided,that such screening shall not violate federal, state, or local discrimi ation laws. '7.6_ DeleQation of Use. An Owner's right of use and enjoyment of the Unit sh !1 be autom tically delegated to other persons living in the Unit pursuant to a legal right of posse sion; provid d, that such persons shall be subject to the Governing Documents and the Rule and Regul tions. Unless otherwise authorized in writing by the Board, if persons other th the Owne or the Owner's family (e.g., lessees) have been given the legal right to posse s the Owne 's Unit, then those persons shall have the right to use any recreational facilities, p king, . storag , and other amenities available by reason of.occupancy of the Unit in lieu of the wner and th Owner's family. ' 7.7 Parkin . There are ninety-five Common Element vehicle garage statls � {colle tively the "Stalls," and individualty a "Stall") in the iower 1eve1 of the Building. The Stalls nd other parking spaces on the Property shall be used only for parking of vehicles wned or lea$ed by Owners and Occupants, and such other incidental uses as may be authori ed in writin by the Association. A Stall shall not be converted to other uses or used for stor ge or other urposes which would prevent the parking of a mid-size automobile in the Stall, exc pt as autho 'zed in writing by the Association. The use of the Stalls, other parking space , and � drive ays on the Property, and the types of vehicles and personal property permitted th reon, shall e subject to regulation by the Association, including, but not limited to, the right f the Assoc'ation to tow illegally parked vehicles or to remove unauthorized personal property. 7.8 Stalls. The Stalls shall be assigned ta various Units; and the operati and transf r of the Stalls shall be administered, in accordance with this Section 7.8. The foll wing condi ions and restrictions shall govern the assignment, use,and transfer of the Stalls. , 7.8.t The initial assignment of a Stall to a Unit shall be made by the Ass iation as directed by Declarant at the time flf the first conveyance of the Unit by Dec arant. I Upon the closing of the initial sale of a Unit, the Association shall, as direc ed by Declarant,assign to the Unit the exclusive right and license to use at least one Stall Each MPLS- ord 95281.1 I �3 � _ I