5. HRSR 03-01-2010 - Laserfiche WebLink

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3.6, An e ation_of _ Other Pro erty, Real property may be added to the common interest community as Common Elements, and s-ab j ected to this Declaration, in accordance with Section 515B.2-125 of MCIOA, SECTION 4 ASSOCIATION MEMBE, RSHIP: RIGHTS, OBLIGATIONS AND INTERESTS Membersbip in the Association, and the allocation to each Unit of a portion of the votes in the Association, a portion of the Common. Expenses and a portion of the undivided interests in the Common Elements of the Association, shall be governed by the following provisions: i ' r solely b reason of owning a Unit �.1. Me�b ers� ��. Each Owner shall b e a M emb e y y � and the membership shall, be transferred with the conveyance of the Owner's interest in the Unit. An owner's inerribership shall terminate when the Owner's ownership terminates. When more, � than one Person is an Owner of a Unit, all such Persons shad be Members, but rnultlpl6 ownership of a Unit shall not change the voting rights allocated to siich Unit nor autborize the division of the voting rights. •.�� Allocation of Voting hts Qommon Ex eases acid Undivided Interests. voting � rights, Common. Expense obligations and undivided interests in -the Common Elements are allocated among the Units based. upon. the approximate area of each Unitas compared to the total of the approximate was of all Units, subject to (l) allocations of common expenses associated with the maintenance of Limited Common Elements as described in Section. 6.4.1, (ii) allocations of Common Expenses between. the Residential Unit Class and the Com' m.orcial Unit Class as described in Section 6.4.2, and (iii) allocations of limited Assessments as described in Section 6.4.3 , �.3. A urtenanti htsbli ations and Interests. The ownership of a Unit shall � V.I. o n�rnon 'Expense obli atio�ns described In � nclude the voting rights, undivided interests and. C r p g # ' obligations, and the title to the Units, shall. not be Section �.�. Said rights, interests and o g y se l and, any conveyance, encumbrance, judi