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<br /> ' performance of an ohligation. If a lot/unit is sold under a
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<br /> 'I f recorded contract of sale, the purchaser (rather than the fee
<br /> i Owner) will be considered the "Owner." For the purpose of this
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<br /> v definition, the Owner of Residential Units in an apartment shall
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<br /> be the record Owner of the apartment building or buildings. The
<br /> Owner of Residential Units in a cooperative shall be the cooper-
<br /> 1 ative corporation.
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<br /> w Section 4. "Common Area" shall mean all real and per-
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<br /> ,, tx.w sonal property now or hereafter owned by the Association for
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<br /> . cn the common use and enjoyment of the Owners.
<br /> 1 PO Section 5. "Residential Unit" shall mean a portion of
<br /> the Properties intended for any type of independent ownership )-■
<br /> for use and occupancy as a residence by a single household and
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<br /> i shall, unless otherwise specified, include within its meaning
<br /> a (in way of illustration, but not limitation) condominium units, C .
<br /> ". apartment and cooperative units, patio or zero lot line homes,
<br /> and single family houses on separately platted lots, as may be
<br /> developed, used and defined as herein provided or as provided
<br /> in subsequent Declarations covering all or a part of the Prop-
<br /> 1 erties. For the purposes of this Declaration a Residential
<br /> Unit shall come into existence upon the issuance of a certifi-
<br /> cate of occupancy by the appropriate agency of Redwood City or
<br /> ,.., other local governmental entity. The term "Residential Unit"
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<br /> shall not include any commercial space which might be subject
<br /> It lefie, to all or part of this Declaration.
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