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Declaration
of Establishment of Covenants, Conditions and Restrictions
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LA
VETA MONTEREY CONDOMINIUM ASSOCIATION
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Phase
1, Parcel 1 of Parcel Map No. 79-756
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City of Orange, County of Orange
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ARTICLE XII |
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Prohibition Against Severability of Component Interests
in Units |
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Section 1. Prohibition of Severance
No
owner shall be entitled to sever either his unit or any
appurtenant easements thereto, in any condominium from
his undivided interest in the Common Area for any purpose.
Neither of said component interests may be severally sold,
conveyed, encumbered, hypothecated or otherwise dealt
with and any violation or attempted violation of the provision
shall be void and of no effect. It is intended hereby
to restrict severability in accordance with the provisions
of subparagraph (g) of Section 1355 of the Civil Code.
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Section 2. Conveyance
of Entire Condominium
Subsequent
to initial sales of the condominium, any conveyance of
a condominium or component interest in the Common Area
by the owner of any condominium, shall be presumed to
convey the entire condominium, provided that nothing herein
contained shall be construed to preclude the owner of
any condominium from creating a co-tenancy in the ownership
of said condominium with any other person(s). |
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