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' � ' . . <br /> 7.8.6 Any license, lease, rental, assignment, transfer, or purported transfer f • <br /> an interest in a Stall in violation of this Section 7.8 shall be void: <br /> I�� 7.8.7 The use of the Stalis, and the size and types of cars and other motoriz d <br /> vehicles which may be kept in a Stall, are subject to Rufes and Regulations as approv d <br /> . froTn_time to time by the 3oard. • <br /> 7.� Stora�e Spaces. There are ninery Common Element storage spaces located in t e <br /> lower levei of the Building (collectively the "Storage Spaces," and individually a "Stora e <br /> Space"). The assigmnent of the Storage Spaces, and the operation and #ransfer of the Stora e � <br /> Spaces, shall be administered in accordance with this Section 7.9. The following conditions a d <br /> restrictions 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 made by t e <br /> Association as directed by Deciarant at the time of the first conveyance of the Unit y ; <br /> Declarant. Upon the closing of the initial sale of a Unit,the Association shall, as direct d <br /> by Declarant, assign to the Unit the exclusive right and license to use at least one Stora e. <br /> Sp�ce. Each Storage Space assigned by the Association shall be deemed to be licens d <br /> anc�assigned by the Association to the Unit to which it is assigned. After all Units own d <br /> by Declarant have been conveyed, any unassigned Storage Spaces shall be deemed to <br /> ass gned to the Association. The Association may, after Declarant no longer owns a y <br /> Un t,rent or otherwise assign any unassigned Storage Spaces to Owners or Occupants. � <br /> � 79.2 The use rights with respect to each Storage Space shall be deemed to e <br /> licensed exclusively to the Owner of the IJnit to which the Storage Space is assigne . <br /> Th�Association shall maintain records identifying the STorage Spaces, the Units to whi h <br /> they are assigned, the names of the Owners of the Units, and the dates of assignment a d <br /> any reassignments. A written certificate of Storage Space assignment (the "Stora e <br /> Certi6cate") shall be signed and dated on behalf of the Association and made availab e <br /> for delivery on the date the Owner acquires title to the Unit to which the Storage Space s <br /> assigned; provided, that the Owner has been assigned a Storage Space. The Associati i <br /> shall not unilaterally reassign any Storage Space assigned to a Unit. <br /> 7.9.3 A Storage Space license shall remain with the Unit to which it is assigne <br /> until the ticense is transferreri in accordance with this Section 7_9.3. .Subject to Sectio <br /> 7.9.2, a Storage Space may be transferred to another Unit, but only by first delivering t <br /> the Association (i) a written transfer certificate, in a form approved by the Associatio , <br /> sigried by the transferor and transferee, and (ii) atl prior Storage Certificates and copi s <br /> theueof, issued with respect to the Storage Space. The Association shall review th <br /> pro osed transfer for compliance with this Section 7.9 and, if the transfer complies, th <br /> As�ociation shall transfer the license on its records to the Unit owned by the transfere <br /> and�� issue a new Storage Certificate to the transferee. The license to use the Storag <br /> Spa�ce shall remain with the Owner and Unit to which it is transferred until the license i <br /> tra�sferred in accordance with this Section 7.9. In the absence of a properly execute <br /> assii�nment to the contrary, the license to use a Storage Space assigned to a Unit at th <br /> tim� of the Unit's canveyance shall be automatically assigned with the conveyance f <br /> title to the Unit. <br /> MPLS-Word 9528i.1 I 1 S <br />