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b �. ... .. _. __. . . _ . � .. � . , ; . . II . . . . . - , � .. � � - � � � . 7.8.6 Any license, lease, rental, assignment, transfer, or purported transfer of • any interest in a Stali in violation of this Section 7.8 shall be void: I 7.8.7 The use of the Stalls, and the size and types of cars and other motoriz d vehicles which may be kept in a Stall, are subject to RuEes and Regulations as approv�d . frqm time to time by the Board. • 7.} Starage Spaces. 7'here are ninety Common Element storage spaces tocated in t�e lewer le��i of the Building (collectively the "Siorage Spaces," and individually a "Stora e Space"). The assigmnent of the Storage Spaces, and the operation and transfer of the Stora e � Spaces, shall be administered ia accordance with this Section 7.9. The following conditians a d restrictions shall govern ihe assignment,use,and transfer of the Storage Spaces. � 7.9.1 The initial assignment of a Storage Space to a Unit shall be made by t e As�ociation as directed by Deciarant at the time of the first conveyance of the Unit y ; Declarant. Upon the closing of the initial sale of a Unit,the Association shall, as direct d by Declarant, assign to the Unit the exclusive right and license to use at least one Stora e Sp�ce. Each Storage Space assigned by the Association shall be deemed to be licens d and assigned by the Association to the Unit to which ii is assigned. After all Units own d by iDeclarant have been conveyed, any unassigned Storage Spaces shall be deemed to ass�gned to the Association. The Association may, after Declarant no longer owns a y Ur►it,rent or otherwise assign any unassigned Storage Spaces to Owners or Occupants. � I' 7.9_2 The use rights with respect to each Sterage Space shall be deemed to e licensed exclusively to the Owner of the Unit to which the Storage Space is assigne . Th¢Association shall mainta�n records identifying the Storage 5paces, the Units to whi they are assigned, the names of the Owners of the Units, and the dates of assignment a .any reassignments. A written certificate of Storage Space assignment (the "Stora e Ce�}tificate") shail be signed and dated on behalf of the Association and made availab e for�delivery on the date the Owner acquires title to the Unit to which the Storage Space s assigned; provided, that the Owner has been assigned a Storage Space. The Associatio i shaM]not unilaterally reassign any Storage Space assigned to a Unit. � 7.9.3 A Storage Space license shall remain with the Unit to which it is assigne unt�l the ticense is transferred in accordance with this Section 7.9.3. .Subject to Sectio 7.9.2, a Storage Space may be transferred to another Unit, but only by first delivering t the Association (i) a written transfer ceRificate, in a form approved by the Associatio , sigr�ed by the transferor and transferee, and (ii) all prior Storage Certificates and copie thereof, issued with respect to the Storage Space. The Association shall review th pro osed transfer for compliance with this Section 7.9 and, if the transfer complies, th Ass�pciation shall transfer the license on its records to the Unit owned by the transfere and issue a new Storage Certificate to the transferee. The license to use the Storag Spa�e shall remain with the Owner and Unit to which it is transferred until the license i tran�sferred im accordance with this Section 7.9. In the absence of a properly execute assignment to the contrary, the license to use a Storage Space assigned to a Unit at th tim� of the Unit's conveyance shall be automatically assigned with the conveyance o title to the Unit. MPLS-Word 95�11.1 I 1 S