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6.1. B. - Page 50 1.47. "Person ": A natural person, a corporation, a partnership, a limited liability company, a trust, or other legal entity. 1.48. "Project ": All of the real property described on the Map and Condominium Plan, and all improvements on that real property subject to this Declaration. 1.49. "Public Report": The official document and permit issued pursuant to the Subdivided Lands Act [Business & Professions Code §§ 11000 et seq.] by the State of California Department of Real Estate authorizing the offering of the Condominiums for sale to the public. 1.50. "Regular Assessments ": A Regular Assessment determined and levied pursuant to Section 4.3.A of this Declaration. 1.51. "Reimbursement Charge ": A charge levied by the Board against an Owner to reimburse the Association for costs and expenses incurred in bringing the Owner andlor his or her Unit and/or Occupant into compliance with the provisions of this Declaration, determined and levied pursuant to Sections 4.10 and 5.1.A of this Declaration. 1.52. "Reserves or Reserve Funds ": That portion of the Common Expenses collected as part of the Regular Assessments levied against the Condominiums in the Project allocated (i) for the future repair and replacement of, or additions to, the Major Components which the Association is obligated to maintain pursuant to this Declaration, including Reserves for replacement of structural elements and mechanical equipment or other facilities maintained by the Association; and (ii) to cover the deductible amounts of any insurance policies maintained by the Association. 1.53. "Reserve Study ": The tri- annual study of Major Components of a Common Interest Development required by California Civil Code Section 1365.5. 1.54. "Right to Repair Law ": Division 2, Part 2, Title 7 (commencing with Section 895) of the California Civil Code ( "SB 800 "). 1.55. "Rules ": The rules adopted from time to time by the Board or the Association pursuant to Section 5.2.D. 1.56. "SB 800 ": The "Right to Repair Law ". 1.57. "Special Assessments ": A Special Assessment levied by the Association pursuant to Section 4.3.13. 1.58. "Storage ": Those areas shown on the Condominium Plan by the designation "S ", followed by a number, which have been or are to be assigned or granted by the Declarant as Exclusive Use Common Area as a storage area appurtenant to the Unit. 1.59. "Unit ": The elements of the Condominium, as defined in Section 2.2.A, and in Section 1351(f) of the Califomia Civil Code, which are not owned in common with the Owners of other Condominiums in the Project. Each Unit is identified by separate number on the Condominium Plan. 1.60. "Utility Facilities ": Defined in Section 6.1. 6 03/06/12 T:1WPW1N601PR0JECTS\333 MAIN STREETOEC - DRAFTING FORM[7][03 06 12].doc