Laserfiche WebLink
` ' a . <br /> I, <br /> I <br /> 7.5', Leasin . Leasing of Units shall be allowed (subjeet to reasonable regulation � <br /> the Assac�ation) but only in accordance with the following conditions: (i) no Unit may e <br /> subleased,�i(ii) a Unit must be ieased in its entirety (not by room), (iii) the lease shall be ' <br /> writing, {i ) unless otherwise required in connection with the financing,guarantee,or insuring f <br /> a Unit mo�p�tgage, and except for leasing of Units owned by Declarant, no lease shall be for a <br /> . " period less� than twetve months, except for extenuat;;tg sit�at;�r,s,�{v) the Iease shall pra�ide th t <br /> it is subjeCt to the Governing Documents, the Rules and Regulations, and the Act, and that a y <br /> failure of the lessee to cornply with the terms o�such documents shall be a default under t e <br /> lease, and (vi) prior to occupancy of the Unit by the lessee(s), the Association shall receive a <br /> copy of the fully-signed lease along with a written list of the name and telephone number of ea h <br /> Person who will occupy the Unit under the lease,and the absentee address of the leasing Own r. <br /> The �lssociation may impose such reasonable Rules and Regulations as may be necessary o ' <br /> implement procedures for the leasing of Units, consistent with this Section and applicable ]a , <br /> including but not limited to{i)a requirement for a form addendum to be attached to each lease o <br /> assure that the rights and authority of the Association and Owners and Occupants are recognize , <br /> and (ii) a requirement for the screening of lessees through a reputable, professional screeni g <br /> organization; provided,that such screening shall not violate federal, state, or local discriminati n <br /> laws. <br /> 7.6. Deleaation of Use. An Owner's right of use and enjoyment of the Unit shall e <br /> automatic�lly delegated to other persons living in the Unit pursuant to a legal right of possessi ; <br /> provided,i that such persons shall be subject to the Governing Documents and the Rules a d <br /> Re�ulatio s. Unless otherwise authorized in writing by the Board, if persons other than t e <br /> Owner o the Owner's family (e.g., ]essees) have been given the legal right to possess e <br /> Owner's nit, then those persons shall have the right to use any recreational facilities, parki g, <br /> storage, a�d other amenities available by reason of.occupancy of the Unit in lieu of the O er <br /> and the Owner's family. <br /> � 7.7 ParkinQ. There are ninety-five Common Element vehicle garage sta ls � <br /> (collectively the "Stalls," and individualty a "Stall") in the lower 1eve1 of the Building. e <br /> Stalls and other parking 5paces on the Property shall be used only for parking of vehicles ow d <br /> or leased by Owners and Occupants, and such other incidental uses as may be autharized in <br /> writing by the Association. A Stall shall not be converted to other uses or used for starage or <br /> other purposes which would prevent the parking of a inid-size automobile in the Stall, except as <br /> authorized in writing by the Association. The use of the Stalls, other parking spaces, d � <br /> driveways on the Property, and the types of vehicles and p2rsonal property permitted there n, <br /> shall be subject to regulation by the Association, including, but not limited to, the right of e <br /> Association to tow illegally parked vehicles or to rernove unauthorized personal property. <br /> � 7.$ Stalls_ The Stalls shall be assigned to various Units; and the operation d <br /> transfer qf the Stalls shall be administered, in accordance with this Sectian 7.8. The follow'ng <br /> conditioruis and restrictions shall govem the assignment, use,and transfer of the Stalls. <br /> 7.8.I The initial assignment of a Stall to a Unit shall be made by the Associat on <br /> a� directed by Declarant at the time of the first conveyance of the Unit by Declar t. <br /> Ulpon the closing of the initial sale of a Unit, the Association shall, as directed by <br /> Dl,eclarant,assign to the Unit the exclusive right and license to use at least one Stall. E ch <br /> MPLS-Word 95281.1 I l 3 <br /> �..— _. _ I <br />