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•� , , <br /> ' 7.8.6 Any license, lease, rental, assignment, transfer, or purported tran fer of � <br /> ' any interest in a Stali in violation of this Section 7.8 shalt be void: <br /> � 7.8.7 The use of the Stalis, and the size and types of cars and other mo orized <br /> � vehicles which may be kept in a Stall, are subject to Rutes and Regulations as ap roved <br /> " � from time to time by the Board. � <br /> 79 Starase Spaces. There are ninety Common Element storage spaces locate in the <br /> lowet levei of the Building {collectively the "Siorage Spaces," and individually a " torage <br /> �Spac�"). The assignment of the Storage Spaces, and the operation and iransfer of the torage <br /> Spaces,shall be administered in accordance with ihis Section 7.9. The following conditi ns and <br /> restri�tions shall govern the assignment,use,and transfer of the Storage Spaces. <br /> • 7.9.1 The initial assignment of a Storage Space to a Unit shall be mad by the <br /> � Association as directed by Deciarant at the time of the first conveyance of the�.Jnit by ; <br /> Declarant. Upon the closing of the initial sale of a Unit,the Association shall, as irected <br /> ' by Declarant, assign to the Unit the exclusive right and license to use at least one torage <br /> ' Space. Each Storage Space assigned by the Association shall be deemed to be 1'censed <br /> ' and assigned by the Association to the Unit to which it is assigned. After all Unit owned <br /> ' by Declarant have been conveyed, any unassigned Storage Spaces shall be deem d to be <br /> ' assigned to the Association. The Association may, after Declarant no longer o ns any <br /> ' Unit,rent or otherwise assign any unassigned Storage Spaces to Owners or Occup nts. <br /> 7.9.2 The�use rights with respect to each Stera�e Space shall be deem d to be <br /> � licensed exclusively to the Owner of the Unit to whic� the Storage Space is a signed. <br /> � The Association shall maintain records identifying the Storage Spaces, the Units t which <br /> , they are assigned, the names of the Owners of the Units, and the dates of assign ent and <br /> , any reassignmenCs. A written certificate of Storage Space assignment {the `Storage <br /> , Certi6cate") shall be signed and dated on behalf of the Association and made vailable <br /> , for delivery on the date the Owner acquires title to the Unit ta which the Storage pace is <br /> , assigned; provided, that the Owner has been assigned a Storage Space. The As ociation i <br /> � shall not unilateraliy reassign any Storage Space assigned to a Unit. <br /> i <br /> 7.93 A Storage Space license shall remain with the Unit to which it is�ssigned <br /> until the license is transferred in accordance with this Section 7.9.3. .Subject to Section <br /> � 7.9.2, a Storage Space may be transferred to another Unit, but oniy by first deli ering to <br /> � the Association (i) a written transfer cectificate, in a form approved by the Ass ciation, <br /> signed by the transferor and transferee, and (ii) all prior Storage Certificates an copies <br /> ' thereof, issued with respect to the Storage Space. The Association shall re iew the , <br /> ' proposed transfer far compliance with this Section 7.9 and, if the transfer com lies, the <br /> ' Association shall transfer the license on its records to the Unit owned by the t ansferee <br /> ' and issue a new Storage Certificate to the transferee. The license to use the Storage <br /> ' Space shall remain with the Owner and Unit to which it is transferred until the 'cense is <br /> � transferred in accordance with this Section 7.9. In the absence of a properly xecuted <br /> i assignment to the contrary, the license to use a Storage Space assigned to a U it at the <br /> ! time of the Unit's conveyance shall be automaticalty assigned with the conve ance of <br /> � title to the Unit. <br /> MPL'S-iVord 9528I.1 I 15 <br />