Condominium Resale Certificate - Williams & Williams

07:A26 MIG/jif 2/4/84
the rate set forth in the notice levying the assessment, not
exceeding the rate of interest allowed by
ARTICLE IX. SUBDIVISXON , CONVERSION1 RELOCATION
ANC ALTERATION OF UNITS
ARTICLE X. COMPLIANCE, ENFORCEMENT,
FINES AND PENALTIES
the Act, (18%) from
the date delinquent until paid. (Section 448.3-115.2) All
payments upon account shall be applied
first to interest and
then to the assessment, or installment thereof, longest delinquent.
8.14 Rates, Fees and Charges: All rates, fees, charges,
fines and penalties imposed by the Executive
from, any member or Unit may be
assessment.
Board against, or due
collected and enforced as an
9.1 Prohibition: No Unit Owner may subdivide or convert,
relocate the boundaries of, or alter, his Unit.
10.1 Compliance: Each Unit Owner, Occupant and Security
Bolder, shall be governed by and shall comply with the terms,
conditions, obligations, and provisions of the Act, the Declaration,
the Articles, these Bylaws, and the
rules and regulationst as the
same may be amended from time to time.
10.2 Default and Remedies. A default in or failure to comply
with any of the terms, conditions,
of the Act, the Declaration, these Bylaws, or the
obligations, and provisions
rules and
regulations, as the same may be amended from time to time, by any
Unit Owner or Occupant, shall be grounds for relief that may
include, without intending to limit the same or to
constitute an
election of remedies, an action to recover fines and penalties for
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