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., � � 7.8.6 Any license, lease, rental, assignment, transfer, or purported trans r of • any intecest in a 5tali in violation of this Section 7.8 shal! be void: 7.8.7 The use of the Stalis, and the size and types of cars and other moto 'zed vehicles which may be kept in a Stall, are subject to RuEes and Regulations as appr�ved . f�om iime to time by the Board. • 7.� Storage Spaces. There are ninety Common EIement storage spaces located i the lower lievel of the Building (collectively the "Storage Spaces," and individually a "St rage Space"). The assigmnent of the Stora�e Spaces, and the operation and #ransfer of the St rage � Spaces, shall be administered in accordance with this Section 7.9. The following condition and restrictibns shall govern the assignment,use,and transfer of the Storage Spaces. • 7.9.1 The initial assignment of a Storage Space to a Unit shali be made b the iAssociation as directed by Deciarant at the time of the first conveyance of the Un t by ; Declarant. Upon the closing of the initial sale of a Unit,the Association shali, as dir cted by Declarant, assign to the Unit the exclasive right and license to use at least one St age Space. Each Storage Space assigned by the Association shal3 be deemed to be lice sed and assigned by the Association to the Unit to which it is assigned. After all Units o ned by Declarant have beea conveyed, any unassigned Storage Spaces shall be deemed t be assigned to the Association. The Association may, after Declarant no longer owns any Unit,rent or otherwise assign any unassigned Storage Spaces to Owners or Occupan . 7.9.2 The use rights with respect to each Sterage Space shall be deemed t be licensed exclusively to the Owner of the Unit to which the Storage Space is assi ed. The Association shall maintain records identifying the STorage Spaces, the Units to w ich they are assigned, the names of the Owners of the Units, and the dates of assignment and .any reassignmenCs. A written certificate of Storage Space assignment (the "Sto ge Certificate") shali be signed and dated on behalf of the Association and made avail ble for delivery on the date the Owner acquires title to the Unit to which the Storage Spa e is assigned; provided, that the Owner has been assigned a Storage Space. The Associ ion i shall not unilaterally reassign any Storage Space assigned to a Unit. � 7.93 A Storage Space license shall remain with the Unit to which it is assi ned until the license is transferred in accordance with this Section 793. .Subject to Sec ion 7.9.2, a Storage Space may be transferred to another Unit, but on(y by first deliverin to the Association (i) a written transfer c�rtificate, in a forrn approved by the Associat on, sagned by the transferor and transferee, and (ii) all prior Storage Certificates and co ies thereof, issued with respect to the Storage Space. The Association shall review the proposed transfer for compliance with this Section 7,9 and, if the transfer complies, the Association shall transfer the license on its records to the Unit owned by the transf ree and issue a new Storage CertiFcate to the transferee. The license to use the Sto ge Space shall rernain with the Owner and Unit to which it is transfened until the licens is transferred in accordance with this Section 7.9. In the absence of a properly exec ted assignment to the contrary, the license to use a Storage Space assigned to a Unit at the time of the Unit's c�nveyance shall be automatically assigned with the conveyanc of title to the Unit. MPLS-Word 95281.1 I 15 � i