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Can someone translate this jargon? It's in the condo association document for a place I am considering
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( c) Approved Leases.

With the exception of a first mortgagee

of a Unit who obtains title to or possession of a Unit following a default in such mortgage

through a foreclosure proceeding or any deed or other arrangement in lieu of foreclosure

and with the exception of Approved Leases (as hereinafter defined), no Unit Owner shall

be permitted to rent, lease or grant a license in or to his Unit. Subject to Section 7(a)(l ),

Units shall be occupied solely by the Owner(s) thereof and their immediate families and

temporary gratuitous guests, and no arrangement whatsoever shall be entered into,

whether written or oral, for the occupancy in whole or in part of any Unit by anyone other

than the Unit Owner(s) thereof and their immediate families and temporary gratuitous

guests. In no event shall the foregoing or any language set forth above prohibit or

otherwise restrict a Unit Owner from having the ability to have his/her/their Unit

occupied by a domestic employee.

Notwithstanding the foregoing provisions of this subsection (c), a Unit

Owner may lease his/her/their entire Unit for a period of not less than twelve (12)

consecutive months, provided that prior written approval of the Board of Trustees has

been obtained, which such approval shall not be unreasonably withheld or delayed (the

"Approved Leases"). Any lease agreement submitted to the Board of Trustees for

approval shall be required to provide that the terms of the lease shall be subject in all

respects to the provisions of the Master Deed, the By-Laws of the Condominium Trust,

and the Rules and Regulations (and attach copy of such Rules and Regulations), and that

failure by the lessee to comply with the terms of such documents shall be a default under

such lease. In the event of such a default, the Board of Trustees or any Officer

designated by the Board of Trustees or any Officer designated by the Board shall have

the power as attorney-in-fact for the Unit Owner to terminate the Lease and bring

summary eviction proceedings against the tenant if such default is not cured within seven

(7) days after the sending of written notice, which such notice shall be sent by the Board

of Trustees simultaneously to the Unit Owner and the tenant. All leases are required to

be in writing and a copy of the proposed lease shall be delivered to the Board of Trustees

for approval prior to occupancy of a Unit by the lessee(s) under each such lease. The

Board of Trustees may, but shall not be required to, provide a suggested standard form of

lease for use by the Unit Owners. Each Unit Owner shall, promptly following the execution of any lease of a Unit (approved as aforesaid), provide a copy thereof to the Board of Trustees. The provision of this Section shall not apply to the Declarant.

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1 year ago