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2018-130-a Housing - CASA unit transfer
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2018-130-a Housing - CASA unit transfer
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Last modified
9/11/2018 10:58:39 AM
Creation date
9/11/2018 10:56:08 AM
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Contract
Date
9/4/2018
Contract Starting Date
9/4/2018
Agenda Item
2/6/18; 6-a
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I l pJII�IJIJIIIINN1 1111!11111111111 <br />Exhibit reee517 201 7.11 <br />Being known and designated as Units Number 203 and 213, Building D, as shown on a plat or plats <br />entitled "Ashley Forest ", recorded in Condominium and Unit Ownership Book 40, at Pages 78 through <br />80, in the Office of the Register of Deeds of Orange County, North Carolina, reference to which is hereby <br />made for a more particular description; and together with an undivided 1.61290323% fee simple interest <br />per unit in and to the common area shown on the reference recorded plat. <br />Together with all rights and easements appurtenant to each of the aforesaid units as specifically <br />enumerated in the "Declaration of Condominium ", issued by Associated C. H. Developers recorded in the <br />Office of the Register of Deeds of Orange County in Book 492, Page 450, et seq., and pursuant thereto, <br />membership in Ashley Forest Owner's Association Inc., a North Carolina Non - Profit Corporation <br />recorded with the Declaration of Condominium as Exhibit "D ". <br />Together with all rights in and to the limited common areas and facilities, if any, appurtenant to each of <br />the aforesaid units; and <br />Together with a non - exclusive easement for ingress, egress and regress over the roadways as shown on <br />the condominium plats above referred to; and <br />Subject to the said Declaration of Condominium, as amended, and the exhibits annexed thereto, which are <br />incorporated herein as if set forth in their entirety, and by way of illustration and not by way of limitation, <br />provide for: (1) 1.61290323% as the percentage of undivided fee simple interest appertaining to each of <br />the aforesaid units in the common areas and facilities; (2) use and restriction of use of each unit for <br />residential and lodging accommodation purposes, and other uses reasonably incidental thereto; (3) <br />property rights of purchaser as a unit owner, and any guests or invitees of the purchaser, in and to the <br />common area; (4) obligation and responsibility of the purchaser for regular monthly assessments and <br />special assessments and the effect of non - payment thereof as set forth in said Declaration and By -Laws <br />annexed thereto; (5) limitations upon use of common areas; (6) obligations of purchaser and the <br />association for maintenance; (7) restrictions upon use of the unit ownership in real property conveyed <br />hereby. <br />PIN 9789 -38- 5658.022 (Unit 203D) <br />PIN 9789 -38- 5658.027 (Unit 213D) <br />
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