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•� ' . . <br /> 7.8.6 Any license, lease, rental, assignrnent, transfer, or purported transfer of • <br /> any interest in a Stali in violation 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 motorized <br /> vehicles which may be kept in a Stall, are subject to RuEes and Regulations as approved <br /> from time to time by the Board. � <br /> 7.9 StaraQe Spaces. There are ninety Common Element storage spaces located in the <br /> l�wer Ievel of the Building (collectively the "Storage Spaces," and individually a "Storage <br /> Space"). T'he assignment of the Storage Spaces, and the operation and transfer of the Storage <br /> Spaces,shall be administered in accordance with this Section 7.9. The following conditions and <br /> restrictions shal!govern the assignment,use,and transfer of the Storage Spaces. <br /> ' � 7.9.1 The initia] assignment of a Storage Space to a Unit shall be made by the <br /> Association as directed by Deciarant at the time of the first conveyance of the Unit by ; <br /> Declarant. Upon the closing of the initial sale of a Unit,the Association shall, as directed <br /> by Declarant, assign to the Unit the exclusive right and license to use at least one Storage <br /> Space. Each Storage Space assigned by the Association shall be deemed to be licensed <br /> and assigned by the Association to the Unit to which it is assigned. After all Units owned <br /> by Declarant have been conveyed, any unassigned Storage Spaces shall be deemed to be <br /> assigned to the Association. The Association may, after Declarant no longer owns any <br /> Unit,rent or otherwise assign any unassigned Storage Spaces to Owners or Occupants. <br /> 7.9.2 The use rights with respect to each Sterage Space shall be deemed to be <br /> licensed exclusively to the Owner of the Unit to which the Storage Space is assigned. <br /> The Association shall maintain records identifying the Siorage.Spaces, the Units to which <br /> they are assigned, the names of the Owners of the Units, and the dates of assignment and <br /> any reassignments. A written certificate of Storage Space assignment {the "Storage <br /> Certificate") shall be signed and dated on behalf of the Association and made available <br /> for delivery on the date the Owner acquires title to the Unit to which the Storage Space is <br /> assigned; provided, that the Owner has been assigned a Storage Space. The Associatian ' <br /> shal{ not unilaterally reassign any Storage Space assigned to a Unit. � <br /> i <br /> 7.9.3 A Storage Space license shall remain with the Unit to which it is assigned <br /> until the license is transferred in accordance with this Section 7.93_ .Subject to Section <br /> 7.9.2, a Storage Space may be transferred to anather Unit, but only by first delivering to <br /> the Association (i) a written transfer certi�cate, in a form approved by the Association, <br /> signed by the transferor and transferee, and (ii) all prior Storage Certificates and copies <br /> thereof, issued witt� respect to the Storage Space. The Association shall review the <br /> proposed transfer for compliance with this Section 7.9 and, if the transfer complies, the <br /> Association shap transfer the license on its records to the Unit owned by the transferee <br /> and issue a new Storage CertiFcate to the transferee. The license to use the Storage <br /> Space shall rernain with the Owner and Unit to which it is transferred until the license is <br /> . transferred in accordance witti ihis Section 7.9. In the absence of a properly executed <br /> assignment to the contrary, the license to use a Storage Space assigned to a Unit at the <br /> time of the Unit's conveyance shall be automatically assigned with the conveyance of <br /> title.to the Unit. <br /> MPLS-�Vord 9528t.11 1 5 <br />