Open Houses & Unit Sales Issues

OPEN HOUSES

Owners or their realtors holding an open house for purposes of selling or renting a unit must first obtain from the Property Manager a unique, temporary elevator code for each day an open house is to be held. Prospective buyers must call from the front door for admittance to the building. At no time may a realtor or an Owner post the access code for either the building or the elevator on public view. Should this occur, it will be considered a serious violation of the security of the building for which the Owner may be held liable for fines at the Board's discretion.

DECLARATION AND BYLAWS. Owners selling their units must see that a copy of the Declaration and Bylaws of the condominium, and any supplement or amendments thereto, financial statements, and a copy of the House Rules, are available to a purchaser BEFORE the Sale Agreement is fully executed by all parties. This package of documents is available from the Property Management Company for a $50 photocopying fee.

Prospective renters/lessees must also be provided with copies of the Gregory Handbook and the Bylaws.

SIGNAGE

No residential units may display signage (i.e. For Sale) from their units; temporary signs advertising an open house may be posted on the street for the duration of the open house. All signage posted by Commercial units outside of the unit is subject to review and possible rejection by the Board. To avoid unnecessary expense, Commercial tenants should seek Board review of signs of a permanent nature. All retail signage is subject to applicable laws and ordinances, including ordinances regarding signs placed on the sidewalk. No signage is permitted in the common areas without prior written approval from the Board of Directors. Bulletin boards are available for the posting of small notices, etc. (see Bylaw 7.16)