Proposed Amendment #1
Rental of Apartments
The existing language in Master Deed Paragraph #17 (i) SALE OR LEASE follows:
#17. (i) SALE OR LEASE: Any co-owner who wishes to sell or lease an interest in an Apartment (or any lessee of any Apartment wishing to assign or sublease such Apartment to any person not related by blood or marriage to the co-owner shall give to the Association written notice of the terms of any such contemplated transfer, together with the name and address of the proposed purchaser, assignee or sublessee. The Association shall at all times have the first right and option to purchase or lease such Apartment upon the same terms, which option shall be exercisable for a period of thirty (30) days following the date of receipt of such notice. If said option is not exercised by the Association within said option period, the co-owner (or lesee) may, at the expiration of said period and at any time within ninety (90) days after the expiration of said period, or for such longer period of time as the Association may agree to in writing, sell or lease (or sublease or assign) such Apartment ownership upon the terms specified in such notice.
The proposed amendment is to ADD the following sentence to the beginning of the paragraph above:
“Leases or subleases of Apartments for a period of less than six (6) months are prohibited.”
Proposed Amendment #2
Usage of Commercial Space on 1st Floor
The existing language in Section 6. NUISANCE of Exhibit G of the Master Deed (specific to all apartments on the 1st floor) follows:
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NUISANCE: No noxious or offensive activity shall be carried on in any Apartment or in the common elements, nor shall anything be done therein, either willfully or negligently, which may be or become an annoyance or nuisance to the other owners or occupants of Apartments, whether commercial or residential.
The proposed amendment is to ADD the following paragraph to the end of the paragraph above:
“The ability to use a unit for commercial purposes shall be limited to those which encourage only low amounts of foot traffic. To allow otherwise would infringe upon the peace and quiet enjoyment of the residents of the Fort Sumter House. No unit, designated by the Master Deed of the Fort Sumter House as a “commercial unit,” shall be allowed to operate to provide bathroom facilities and/or other comforts to non-residents of the Fort Sumter House. For the purposes of this section, “comforts” shall be defined as including, but not limited to, the purchase, storage, preparation and sale of food, beverage, frozen desserts, candies or any other items for consumption, as well as souvenirs, novelties and sundries.”
There will be a vote on these 2 proposed amendments at the annual meeting.