Condominium Resale Certificate - Williams & Williams

''A28 MIG/jif 2/4/84
with such public agency for such
acquisition and to
execute such instruments as may be necessary for conveyance
to any such public agency.
eminent domain become necessary
Should acquisitions by
only the Executive
Board need be made party, and monies, damage payments or
condemnation award shall be held by the Executive Board
for the benefit of the owners of the Units subject
hereto.
(b) If a Unit is acquired by eminent domain, or if
part of a Unit is acquired by eminent domain leaving the
Unit Owner with a remnant which may not practically or
lawfully be used for any purpose permitted by this
Declaration, the award shall compensate the Unit Owner
for his Unit and Allocated Interest, whether or not any
Common Elements are acquired.
Upon acquisitions unless
the decree otherwise provides that Unit's Allocated
Interests are automatically reallocated to the remaining
Units in proportion to the respective Allocated Interests
of those Units before the taking, and the Executive
Board shall promptly prepares execute and record an
amendment to the Declaration reflecting the reallocations.
Any remnant of a Unit remaining after part of a Unit is
taken under this subsection is thereafter a Common
Element.
Cc) Except as provided in subsection Cb) of this
section, if part of a Unit is acquired by eminent
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