Page 6 - IFV Issue 9_2023

Estate News

where the Buyer will sign the
MOI and Irene Farm Villages
Home Owners Association Rules
Photo by Sollange Brenis that he / she understand the
and Regulations to confirm

mentioned documentation.
4.8.2.2. Obligations of the HOA
4.8.2.2.2. Requirements for issuing of
Clearance Certificate:
4.9.5 Annual renewal of rental Practitioners Regulatory Authority
agreements is subject to prior Act, the following changes in the rules 4.8.2.2.2.3. The buyer should have had
consent being obtained from relating to property transactions were a meeting with the Estate
the Irene Farm Villages HOA on approved: Manager and signed for receipt
application, at least 5 working 4.8. PROPERTY TRANSACTIONS of the HOA MOI and Rules, and;
days before the end of the 4.8.1 GENERAL 4.8.2.2.2.4. The administration fee is paid by
current rental agreement. Such 4.8.1.1. Only Estate Agents who are the Estate Agent.
consent would not be withheld registered with the Property 4.8.2.2.3. Upon date of accreditation
unreasonably. Practitioners Regulatory furnish the Agency with an
4.9.6 Tenants with valid lease Authority will be allowed to electronic copy of the MOI,
agreements will be afforded operate on the Property. Architectural Guidelines and
convenient access into the 4.8.1.2. The Estate Agent must make Rules, and thereafter furnish the
Estate by whatever technology an appointment between the Agencies with all amendments
means in existence at the time – Buyer and the Estate Manager thereto, from time to time.
for the valid period of the lease ______________________________
agreement.
4.9.7 It is the responsibility of the
owner or his/her representative
to approve and delete the
tenant on the i-Neighbour
access system.
4.9.8 It is the responsibility of the
owner to ensure that tenants
are registered at the Irene Farm
Villages HOA.
4.9.9 The property so leased will only
be used for residential purposes.
No business activities will be
allowed.
4.9.10 The HOA reserves the right
to exercise its rights and/or
obligations at any time if a
breach of the Memorandum
of Incorporation, Rules and
Regulations or any legislation
occurs and the IFV HOA deems it
necessary to do so.
4.9.11 The tenant policy will be
effective from the 1st of
November 2023.
______________________________
Due to the changes in the Property Photo by Tierra Mallorca

4 • Issue 9 2023 • The Villager