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<br /> any other restrictions which may be imposed by the Act or the Governing Documents, the -
<br /> occupancy, use, operation, alienation, and conveyance of the Property shall be subject to the
<br /> following restrictions and conditions:
<br /> 7.1 General. The Property shail be owned, conveyed, encumbered, leased, used, nd
<br /> occupied subject to the Governing Documents and the Act,as amended from time to time. 11
<br /> covenants, restrictions, and obligations set forth in the Governing D.ocuments are in furthera ce
<br /> of a plan for the Property, and shatl run with the Property and be a burden and benefit to all
<br /> Owners and Occupants and to any other Person acquiring or owning an interest in the.Prope ,
<br /> their heirs,personal representatives,successors,and assigns.
<br /> 7.2 Subdivision or Conversion Prohibited. Except for Units subdivided or conve ed
<br /> by Declarant pursuant to Section t6.2, a Unit may not be subdivided or converted by the Ow er
<br /> of the Unit into two or more Units, Limited Common �lements, Common Elements, or ny
<br /> combination thereof Except as permitted by the Act, no part of the Common Elements may be
<br /> subdivided, partitioned, or converted without the prior written approval of all Owners and all
<br /> secured parties holding first mortgages on the Units.
<br /> 7.3 Residential Use. The Units shall be used by Owners and Occupants and eir
<br /> guests explusively as private, single family residential dwellings, and not for transient, ho el,
<br /> commercial, business,or other non-residential purposes, except as provided in Section 7.4. ny
<br /> lease of a Unit (except for occupancy by guests with the consent of the Owner, and except or
<br /> leasing of Units owed by Declarant) for a period of less than twelve months or any occupa cy
<br /> which includes services customarily furnished to hotel guests, shall be presumed to be or
<br /> transient purposes. , .
<br /> 7.4 Business Use Restricted. No business, trade, occupation, or profession of y
<br /> � kind, whether carried on for profit or otherwise, shall be conducted, maintained, or permitte in
<br /> any Unit or the Common Elements,except:
<br /> 7.4.1 An Owner or Occupant residing in a Unit may maintain a ho e
<br /> occupation in such Unit;provided, that such use (i)is incidental to the residential use; ii} �
<br /> does not involve physical alteraiion or improvement of the Unit visible from the exte or
<br /> of the Unit; (iii) is in compliance with all governmentai laws, ordinances, d I
<br /> re�ulations; (iv) does not involve observable business activity such as signs, advertis ng
<br /> di5plays, unusual numbers of deliveries, or unusual levels of pedestrian or, vehicu ar
<br /> i traffic to and from the Unit; {v) does not involve employees, independent contractors, or
<br /> consultants (other than the Owner ar Occupant of the Unit); and (vi) does not otherw se
<br /> in�olve activity which disturbs the quiet enjoyment of the Property by other Owners or .
<br /> O¢cupants.
<br /> 7.4.2 Declarant may maintain offices,models,sales facilities,and other busin ss
<br /> fa�ilities on the Property in connection with the exercise of its special Declarant rights.
<br /> 7.4.3 The Association may maintain offices on the Property for managem nt
<br /> and retated purposes. .
<br /> MPLS-Word 9528I.1 i 12
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