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•� ' , . 7.8.6 Any license, lease, rental, assignment, transfer, or purported iransfer of � any interest in a Stali in violation of this Section 7.8 shalt be void: 7.8.7 The use of the Stalls, and the size and types of cars and other motorized vehicles which may be kept in a Stall, are subject to Rules and Regulations as approved from time t4 time by the Board. � 7.9 Stara�e Spaces. There are ninety Common Element storage spaces located in the lower level of the Building {collectively the "Storage Spaces," and individually a "Storage Space"). ?he assigmnent of the Storage Spaces, and the operation and transfer of the Storage Spaces,shall be administered in accordance with this Section 7.9. The following conditions and restrictions shall govern the assignment,use,and transfer of the Storage Spaces. ' � 7.9.1 The ini#ial assignment of a Storage Space to a Unit shall be made by the Association as directed by Deciarant at the time of the first conveyance of the Unit by � Declarant. Upon the closing of the initial sale of a Unit,the Association shall, as directed by Declarant, assign to the Unit the exclusive right and license to use at least one Storage. Space. Each Storage Space assigned by the Association shaq be deemed to be licensed and assigned by the Association to the Unit to which i#is assigned. After all Units owned by Declarant have been conveyed, any unassigned Storage Spaces shail be deemed to be assigned to the Association. The Association may, after Declarant no longer owns any , Unit,rent or otherwise assign any unassigned Storage Spaces to Owners or Occupants. 7.9.2 The use rights with respect to each Sterage Space shall be deemed to be licensed exclusively to the Owner of the Unit to which the Storage Space is assigned. The Association shatl maintain records identifying the Storage Spaces, the Units to which they are assigned,the names of the Owners of the Units, and the dates of assignment and any reassignments. A written certificate of Storage Space assignment {the "Storage Certificate") shall be signed and dated on behalf of the Association and made available for delivery on the date the Owner acquires title to the Unit to which the Storage Space is assigned; provided, that the Owner has been assigned a Storage Space. The Association ' shall not unilaterally reassign any Storage Space assigned to a Unit. � i 7.9.3 A Storage Space license shall remain with the Unit to which it is assigned until the ticense is transferred in accordance with this Section 7.9.3. .Subject to Section 7.9.2, a Storage Space may be transferred to another Unit, but only by first delivering to the Association (i) a written transfer certificate, in a form approved by the Association, signed by the transferor and transferee, and (ii) a11 prior Storage Certificates and copies thereof, issued with respect to the Storage Space. The Association shall review the proposed transfer for compliance with this Section 7.9 and, if the transfer complies, the Association shall transfer the license on its records to the Unit owned by the transferee and issue a new Storage CertiFcate to the transferee. The license to use the Storage Space shall rernain with the Owner and Unit to which it is transferred until the license is transferred in accordance with this Section 7.9. In the absence of a properly executed assignment to the contrary, the license to use a Storage Space assigned to a Unit at the time of the Unit's conveyance shall be automatically assigned with the conveyance of title to the Unit. MPLS-Word 9528t.1 I 1 S