5. HRSR 03-01-2010 - Laserfiche WebLink

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6A . Late charges, fines and interest may be assessed as provided in S ection 12. 6.4.7. Assess ments levied under Se6tion 515B.3- 116(a) of MC10A. to pay a judgment against the Association may be levied only against the Units existing at the time the judgment was entered, in proportion to their Common Expense liabilitics. the Common Elements, Limited Common Ele�m.ents or 6.4. S. If� any damage to , other Unit or an portion of the Owner's Unit that the Association is obligated to an y p maintain hereunder is caused by the act or omission of any owner or Occupant, or therr he Association may assess the costs of repairing the damage ex6lusively against g�.iests, t y . the owner's Unit to the extent not covered by insurance. Assessments levied under Sections 6.4.1 through 6.4.8 may, at the Board's discretion., be p assessed as apart of or in addition. to, the Assessments levied under Section 6,1 or 6.2. , 'n a ital /Transfer Fee. For purposes of funding the Association's on- 645 worl� g p - * shall be aid to the going re lacem.ent reserves and related needs, the follows -ng amounts . p g g p Association upon the sale of Units after the' effective date of this Declaration. Iinless otherwise • in writing b the Board, the Association shall charge afid collect a ` Transfer �.�naninaously agreed g y , Fee" 'in accordance with the requirements of this Section 6.5. . , he effective date 6,5,1, The Transfer Fee as aft . of this Declaration shall be an amount equal to two-month's Assessments -for the Unit being transferred. The Transfer or an future calendar year by the vote of seventy yyfive percent of Fee may be changed f y `tad against an. b ers of the Board. The Transfer Foe shall not be credi g y the nxen� Assessment due with respect to the Unit. 6.5.2. Upon each transfer oftitle to a Unit (eclusxve of exempt transfers under ' Transfer Fee shall be charged to the bnyer of the Unit and shall e Section 6.5,�b.(iv)), the 'T aid at. closing, the able to the Asso�iatYOn at the Glaring of the transfer+ If not p � gs . a person obligation of the p i the closing and shall b e a continua g p g obligation shall survive g or his her Unit shall buyer of the Unit and a lien against the Unit. Each Owner selling , ' Secretary or other designee at least 15 days prior to the notify the Association's � � lace of o sin g and provide the name of the buyer, tho proposed d ate and p scheduled closing closing, a.nd any other information the Board may reasona bf re y q uire. 6.5,3, The Trans ma y Transfer Fees be used to fund that portion of the annual nded b annual or special Assessments, or used for related replacement reserves not �.� y to engage e xn litigation, . purposes approved b :the Board. Transfer Fees shall. not be used g g g p� pp , , y rotestin or tanking or asserting a or in any political. activity, including lobbying, p g, position. in any plafizin.g or zoning matter. 1 6 , 5 , the above , no Transfer Fee shall be levied upon the �., Notwithstanding followin g transfers of title to a Unit (116xempt transfers ") • l by or to a decl araiit; ]vIPLS Nord 20218