TARACOMO TOWNHOMES CONDOMINIUM ASSOCIATION, INC RULES AND REGULATIONS

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1 TARACOMO TOWNHOMES CONDOMINIUM ASSOCIATION, INC RULES AND REGULATIONS Pursuant to Article Xll, Paragraph 12.03(5) of the Declaration of Condominium of Taracomo Townhomes Condominium Association, Inc., as amended, effective July 18 th, 2017, the Board of Directors has adopted the following revised Rules and Regulations governing the maintenance and operation of the condominium parcels and the common elements comprising the Taracomo Townhomes community: GENERAL RESTRICTIONS No above ground saunas or tubs are permitted in the exterior area of any units, including fenced patios and enclosures No furniture, debris or other objects of any kinds are permitted outside the unit or fence boundaries. No common area may be used for storage of any kind. No wall unit air conditioners are allowed. No cooking or grilling of any kind is allowed in the common areas. No modification, alteration or advertising whatsoever shall be allowed to any exterior facing wall. No children or adults shall be allowed to play or engage in any recreational sport or game in the common areas or parking areas regardless of supervision. The use of firearms anywhere within the Taracomo community is strictly prohibited. PARKING AND VEHICLE RESTRICTIONS There shall be no parking upon any portion of the condominium property except in spaces specifically designated and assigned for parking purposes. All vehicles belonging to residents/owners of Townhomes shall be registered with the Association, regardless if they are parked on unit s assigned parking spot, and shall display in a conspicuous location on the rearview mirror the decal/parking permit provided by the Association when applied. A permit may be obtained from the management office based on current association guidelines regulating the parking permits issuing. No overnight parking in guest spaces will be allowed to anyone who hasn t been approved by the Association to live in this community. The Association shall have the right to tow any vehicle not properly displaying the decal/parking permit. To avoid being towed, residents must register and obtain a new decal before parking the vehicle in areas requiring guest parking - that within Taracomo property. The Association will set the cost of obtaining a decal and the frequency for renewal. Parking spaces are strictly for parking of personal transportation vehicles which and shall not to exceed four (4) wheels. No commercial vehicle, i.e. not clearly a personal and/or passenger vehicle will be allowed to park on the property. This would include, but not be limited to, any panel truck or van or any vehicle with work tools such as ladders attached. No personal transportation vehicle displaying any signage, advertising or company designation shall be allowed on the Association premises unless the registered owner of the vehicle is either employed or owns said Company. It shall be the owner, tenant or occupants responsibility to provide proof to the Board of Directors or management of said employment, but in any case, signage must be covered from midnight till 6 AM. Vehicles, which length extend more than 2 ft. of the parking area delimited by the white lines may not be allowed to park in the community.

2 The following situations are STRICTLY PROHIBITED and subject to towing at owner expense; and/or imposition of fines and violations: Storage of any non-functional vehicles for over a week Performing any mechanical or repair work to any vehicle, other than simple emergency road service repairs. Boats, trailers, campers, taxis, limousines, trucks (except personal pickup) parked in the community Any commercial vehicle with any signage, advertising or company designation shall not be allowed on the Association premises unless they are properly covered. Vehicles used for the purpose of storing perishable foods, chemicals or any hazardous materials. No motorized vehicles; including but not limited to cars, trucks, go-carts, motorcycles or "all-terrain vehicles" being driven on walkways or lawns; neither commercial vehicles delivering, loading or unloading materials or to perform any job can go on the grass or sidewalk. Vehicles without valid and current license plate in any parking space Vehicles in state of disrepair, which are not operational; in any guest space. Vehicles improperly parked in any areas not designated as parking Vehicles parked overnight in guest parking without a current association tag or temp visitor permit issued by Association (Between12 AM and 6 AM) Vehicles, motorcycles or scooters of any kind parked in a manner that is blocking the access to the mail box. Motorcycles and scooters cannot be parked neither in the front porch of the unit nor in the grass The consumption of alcoholic beverages or use of any drugs in the parking or other common areas, either inside or outside a car, is strictly prohibited and subject to fines and communication to the police. The permanent parking overnight in a guest slot may be requested when a unit has one vehicle additionally to the number of assigned parking spots, meaning a three bedroom unit when having three cars, and a two bedroom unit when having two cars. Only units having the extra car may receive the Decal/Tag. Only one may be available per unit, and all cars must have the registration on the name of someone approved to live in the unit. Additional details on the frequency of renewal, cost, availability and implementation will be adjusted by the Board as needed and communicated to owners/residents, and will be available as a separate document, which will be part of these Rules and Regulations. Short term visitor permits will be issued with a maximum duration of two weeks with no renewals. Exceptions may be considered and approved by the Board or management on a case by case basis. This request should be done personally in the office or through an specifying the time frame and the complete information on the vehicle. Occasional visitors staying during a weekend should be reported directly to the Security Guard or Parking Enforcement employee by calling the management office phone number, posted at the Clubhouse. FRONT PLANTERS & BACK YARDS. All shrubbery and trees inside fenced or screened areas or on patios and balconies must be kept neat and trimmed. Front gardens and all landscaping outside a home are in common element. Although owners/tenants are allowed to have their own garden in front, the Association shall regulate the type of plants and maintenance required as follows: No plant shall be closer than one foot from the building walls, fences, roof or rain gutter; No plant with a root that can protrude into the water and sewer lines is permitted and is subject to removal. No tree, bush or plant shall be planted in the common areas by a resident, more than 6 feet from the building perimeter. Any planting by a resident should be trimmed on a regular basis by the resident; Association may provide maintenance at its own discretion.

3 No vines or climbing plants are allowed to adhere to walls, roof or fences. Shrubbery may not block access to the water meter. The Board shall have ultimately the right to remove any plant in common area if any of the aforementioned guidelines are violated. Any owner or tenant may request the advice of the Association prior to any landscaping. RULES GOVERNING USE OF POOL FACILITIES NO LIFEGUARD IS PROVIDED. POOL USE IS AT OWN RISK. 1) Pool hours are 9:00 AM to Sunset. 2) No children under 13 years of age are permitted at all unless under the immediate supervision of an adult (over the age of 21). There can be no more than four (4) children per adult. One of the adults must be a resident of Taracomo. 3) Residents are responsible for the conduct of their children and guests at all times and shall pay for any and all damages incurred by their children and guests while on the premises. No unit owner, resident or occupant may bring more than 4 guests per unit to the pool. 4) No rough housing, running, shoving or horseplay allowed at pool area 5) Glass objects of any kind are prohibited in pool area 6) Volume of radios, tape players, etc. shall be kept at a level so as to be heard ONLY by their owners 7) No pets allowed in pool area. 8) No smoking permitted in the pool. Drinking of alcoholic beverages is prohibited. Residents and guests will be responsible of disposing of any garbage in the trash cans located in the pool deck. 9) No bicycles, skates, skateboards, tricycles, wagons or similar objects permitted on pool deck or pool. 10) Single inflatable mattresses only are allowed in the pool. 11) All parties entering the pool must shower prior to before entering the pool. 12) The pool gate must be kept closed at all times. 13) No parties may be scheduled involving the use of the pool. The pool is for the normal, daily use of all the residents, and large parties prevent others from having access. If the pool key is lost or stolen, another key may be obtained for a non-refundable fee of $100 from the management office. The Association may reduce the cost of the key in case where the property transfer chain is lost, like in a Foreclosure sale. CLUBHOUSE Clubhouse is available for rental for Owners and Tenants upon request and availability on a first come first serve basis. Each owner or tenant interested in rental of the clubhouse must issue a blank money order in the amount of $300.00, as a refundable security and a second NON-REFUNDABLE money order for $ 80 for the use of the clubhouse. Board may change the cost of renting and deposit without notice. If there is no damage to the property and the key is returned on time, the blank money order will be returned. These money orders must be made payable to Taracomo Townhomes. Both checks must be paid as early as two (2) weeks prior to the use of said premises to confirm this reservation. In addition, any vendor must have liability insurance and be approved by the Association prior to allowing entry into Taracomo Townhomes. VENDORS Mobile car washer, Pet grooming, and any other mobile service rendered on the community, must carry liability insurance, if the owner/resident doesn t submit previously to receive those services the insurance to the Association, any damage caused will be covered at owner expenses.

4 ROOF ACCESS The access to the roof is absolutely prohibited for any vendor or contractor if license, and insurance including Taracomo Townhomes as additional insured, are not submitted previously to the roof access. Owners and residents are not covered by the Association insurance in case they access the roof. This applies to all vendor, including Air Conditioning contractors. HOME IMPROVEMENTS AND ARCHITECTURAL MODIFICATION No unit owner shall make any alterations in the portions of the improvements of the condominium which are to be maintained by the Association, or remove any portion or make any addition, or do any work which would jeopardize the safety or soundness of the building containing his/her unit or impair any casement X1I1,13.03 Unit owners cannot show signs, advertisements or notices of any type on the common elements or the unit, and no exterior antennas, or aerials may be erected except as provided in uniform regulations promulgated by the Association;Taracomo Townhomes Declaration of Condominium XXIV, Unit owners must submit an Architectural Modification Form prior to the installation of Dish Receivers. Installation of Dish Receivers on the roof is strictly prohibited. In case where Association allows dish/antenna installation, Board will provide instructions in where and how to place. Unit owners cannot make any alteration, decoration, repair, replacement or change of the common elements or to any outside or exterior portion of the building including inside fenced areas, without the written consent of the Board of Directors as states Taracomo Townhomes Declaration of Condominium XXIV, Only properly licensed contractors or owner's obtaining permits if required are authorized to do such work. Submission of both permits obtained and final inspection must be submitted to the board of directors to be placed in the unit file SOME STANDARDS TO BE FOLLOWED AND REQUIRING PRIOR BOARD APPROVAL: Fences shall be of shadow-box type, six feet high, with stockade type gate. Contact property manager for correct color/stain Screened enclosures must be constructed anodized brown aluminum frames with black screening. Rear balcony screen enclosures must be flush with the rear patio wall. Front balcony screens must be angled back to converge with the roof line at the top. Any other variant for enclosures or screening must be approved as well by the Association. Hurricane shutters must be of metal panel, accordion or roll up type. Panel shutters to be unfinished metal, accordion or roll up to be anodized brown. Submission of a DADE COUNTY PERMIT along with proof of final inspection is required for all shutter Installations. Hurricane shutters can be closed only when weather conditions could threat the integrity of your windows and doors; i.e. hurricane, tropical depression, etc. The rest of the time, residents must keep them open. Written application (Architectural Modification Form) for approval with a plan and/or sketch must be submitted to the office at least 15 days prior to the intended date for performing the job. Jobs that require approval among others are: Windows and Doors modification, Enclosure installation, Fences, Antenna installation, etc. Owners will be responsible to obtain permit, when required by county departments. MAINTENANCE AND REPAIRS TO UNITS Every unit owner must maintain in good condition and repair his/her unit, including all interior surfaces, balcony floor, patios, etc. and maintain and repair the fixtures and pay for any utilities which are separately metered to the unit. Taracomo Townhomes Declaration of Condominium XXIV, Plumbing and electrical repairs within a unit are to be paid for and are the financial obligation of the unit owner. The Association pays for and is responsible for plumbing repairs and electrical wiring within the common elements as defined by Taracomo Townhomes Declaration of Condominium. XXIV, Every unit owner is responsible for the maintenance of their fences and screens.

5 Only properly licensed and insured contractors are permitted on the roofs for the purpose of performing work on the air conditioning units or plumbing The Association requires notification of such work, the contractor s name and the nature of the work performed, also contractor needs to submit general liability insurance where Taracomo Townhomes is added as additional insured part. TRASH AND RECYCLING All residents, whether owners or lessees, and their guests are required to Place and secure all trash and waste in garbage bags, deposit all garbage bags inside the dumpster bins and close the gate after garbage bags are placed inside bins so all trash and waste do not spill out of the bags onto the ground. Pour grease in closed containers, place in plastic garbage bag and dispose of in dumpster. Only toilet paper is to be flushed down the toilet. ALL OTHER OBJECTS such as paper towels, baby wipes, tampons, sanitary napkins, diapers and cat litter, should be placed in plastic bags and disposed of in the dumpster, NOT FLUSHED DOWN TOILETS Dumpsters are for trash and refuse only. Large items such as boxes, household goods, appliances, bedding furniture, etc., shall not be placed in or left near dumpsters, violating this may be fined by the Association. Residents are responsible for moving and disposing of any large items that do not fit in the dumpster unless otherwise prohibited herein, at their own expense by making arrangements with an appliance dealer or by taking them to the appropriate county recycle centers. Any resident who violates this rule will be charged if the Association finds it necessary to haul and dump any items left in or at a dumpster or on the grounds. Recycling bins are provided for each unit to recycle newspapers, plastics, cans and glass. Bins are to be placed outside each unit at the end of the parking space on designated days. Residents must pick up their bins by evening on the same day it is pick up. Bins, if left outside the unit, are to be placed in such a way that they are not readily seen from the parking area. PATIO / BALCONY AREAS / FENCED AREAS Residents are allowed to keep furniture for outdoor use, and covered exercise equipment on the balcony of the units. These areas and patios are not to be used as a storage facility and must be maintained in an orderly and hygienic manner consistent with the community standards. Any such areas having plants or grass must be trimmed and maintained regularly. No cooking of any kind shall be allowed on the balcony. PETS, BIRDS, AND OTHER ANIMALS A maximum of two small dogs, not to exceed 20 pounds in their whole life, and small caged birds are permitted only in the individual units. Any animal waste deposited within Taracomo boundaries must be picked up and placed in the dumpster in a plastic bag. Dogs must be leashed at all times when are walked within the community. Pets must be kept inside or, if kept outside, must be within a fenced area that must be maintained in a clean and hygienic manner. Any pet kept outside that creates a nuisance by noise or otherwise to the neighboring properties shall be at Association s discretion, prohibited from being kept outside.

6 AIR CONDITIONING UNITS In the event a unit owner replaces their air conditioning unit, then the unit owner shall be responsible for removing the present exterior air conditioning duct work and metal cowling and replacing and/or fabricating the exterior air conditioning duct work and metal cowling to fit the replacement air conditioning unit. Replacement of air conditioning units, exterior duct work and metal cowlings must comply with the South Florida Building Code, must be performed by licensed contractors and requires all applicable building permits. The unit owner shall be responsible for all roof leaks which result from the replacement of an air conditioning unit, duct work or metal cowling. Unit owners making repairs to or replacing air conditioning units not affected as above must still obtain a Dade County Permit and use licensed and insured contractors, and comply with the units existing installation standard. INSURANCE CLAIMS Any and all insurance claims against the master condominium policy MUST be handled through the Association and not directly with the insurance company. Any notice of any claim must first be provided to the Association with an opportunity to review of no less than 30 days. SALE, RENTAL, LEASE OR TRANSFER OF UNIT Prior to the sale, rental, lease or transfer of any unit to any person other than transferor's spouse or member of the immediate family, prospective unit owners and lessees must submit a completed application, to be provided upon request along with a fee (currently $150). In addition, any tenant shall be required to leave with Association a deposit of $500 to cover any damage to common areas caused by tenant, the deposit will be returned no later than 30 days after tenant has moved out of the unit if no damage has been done to the Association common area. In all cases, the Association will notify the unit, when due to a damage, the Association intends to use that deposit. Said prospective lessee or owner must be interviewed and screened by a Board committee or its designee, and subject to approval by the Board based on a background check. No lease shall be for less than twelve months, and subletting shall not be permitted. If a lease is terminated prior to the 12 month period, the owner must request, in writing, from the Board to lease the unit again within this initial the 12 month period. No lease shall be automatically renewed without the prior written approval of the Board. Failure to obtain approval from the Board of Directors of any transfer or lease shall be deemed an invalid transfer and legally null and void. Signs advertising the unit for sale or rent must be posted in front of the unit in the common area and shall not exceed 140 square inches. No signs shall be allowed on balconies or windows. Any person who acquires an interest in a unit, except through foreclosure of a first mortgagee of record (or deed, in lieu thereof), shall not be entitled to occupancy of the unit or enjoyment of the common elements until such time as all unpaid assessments, fines and association charges to recover damage due and owing by the former owner have been paid. Foreclosure of a first mortgagee of record, as defined in this section, shall not include any third party buyers. NOISE Residents are expected to be considerate of their neighbors. No resident shall make, cause or permit his/her family members, guests, pets, to make, cause or permit any loud or disturbing noises of any kind, or operate any musical instruments, radios, stereos, televisions, equipment, or other noise producing devices of any kind, in such a manner and at such volume as would interfere with the rights, comfort or peaceful enjoyment of other Taracomo residents. Association may impose fines to residents who violate

7 any part of this rule; also they may be subject to prosecution under applicable statutes and municipal noise ordinances, THE FEEDING OF DUCKS WITHIN TARACOMO BOUNDARIES IS PROHIBITED. It shall be strictly prohibited to feed the ducks or any other animals on common elements (sidewalks and parking areas) of Taracomo Townhomes for health and safety reasons. Feeding animals attracts rodents and other pests, besides contributing to the dirtiness of the community and constitute a nuisance for the neighbors. Violation in this section shall result in the imposition of fines and violations. Any action by unit owner, lessee or guest that results in the Association having to disburse condominium funds to repair, clean or in any other way restore the property will be charged to the corresponding unit owner.