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DSCC-57520\2494968.2 15 September 17, 2021 transfer of title to a Condominium automatically transfers the membership interest to the transferee. The Declarants are Members as long as they own a Condominium in the Development. 5.2 Powers of the Association. The Association shall have all the powers of an unincorporated association subject only to such limitations on the exercise of these powers as are set forth in the Governing Documents. The Association shall have the power to do any lawful thing that may be authorized, required or permitted to be done by the Association under the Governing Documents and to do and perform any act that may be necessary or proper for or incidental to the exercise of any of the express powers of the Association, including, without limitation, each of the following: 5.2.1 Levying Assessments. The Association shall establish, fix and levy assessments against the Condominiums and collect and enforce payment of such assessments in accordance with the provisions of Article 6 of this Declaration. 5.2.2 Imposing Disciplinary Action. In addition to any other enforcement rights described in this Declaration and the Bylaws or as may be authorized by Applicable Laws and subject to the due process requirements imposed by this Declaration, the Bylaws or by Applicable Laws, the Association may take any of the following actions against any Person whose act or failure to act violates or threatens to violate any provisions of the Governing Documents: (a) impose monetary penalties, including late charges and interest; and (b) commence any legal or equitable action for damages, injunctive relief or both. Any legal action may be brought in the name of the Association on its own behalf and on behalf of any Owner who consents and, except as otherwise provided herein, the prevailing party in such action shall be entitled to recover costs and reasonable attorneys’ fees. 5.2.3 Delegating Duties. Except as may be limited by the Bylaws, the Association may delegate any of the Association’s powers and duties to its employees, committees or agents, including a professional management agent. 5.2.4 Implementing Special Fees. The Association may implement reasonable and customary special fees to reimburse the Association for special costs incurred as a result of actions taken by Owners. Fees not paid in a timely manner may be collected through a reimbursement assessment levied against the Owner’s Condominium. 5.3 Duties of the Association. In addition to the duties described in the Articles or Bylaws, or elsewhere in this Declaration, the Association shall have the duty to manage the Common Area;perform the maintenance as described in Section 4.2; prepare and distribute financial statements, reports and the other documents and notices required by Applicable Laws. The Association shall perform such other acts as may be reasonably necessary to exercise its powers to perform its duties under any of the provisions of the Governing Documents. 5.4 Taxes and Assessments. The Association shall pay all real and personal property taxes and assessments and all other taxes levied against the Association, the Common Area or the personal property owned by the Association. Such taxes and assessments may be contested or compromised by the Association, provided that they are paid or that a bond insuring payment is posted before the sale or the disposition of any property to satisfy the payment of such taxes. To the extent any Owner is eligible for a property tax abatement, the Association shall take reasonable steps as requested by said Owner to assist in obtaining such property tax abatement, provided that the steps result in no material costs to the Association. Until such time as real property taxes against the Development are segregated so that real property taxes are assessed against each Condominium (in addition to any supplemental tax assessments levied against any Condominium), the non-segregated tax amount shall be allocated among the Condominiums in the same manner that regular assessments are allocated as described in Section 6.8, provided that, to the extent any Owner receives an abatement of property taxes, said Owner will be allocated one hundred percent (100%) of the abatement. The Association shall take all appropriate steps to collect each Condominium’s allocable share so that the non-segregated taxes may be paid in a timely and proper