BE IT ENACTED as By-Law No. 4 of CARLETON CONDOMINIUM CORPORATION No. 74 (hereinafter referred to as the Corporation) as follows:

WHEREAS the owner of each unit in the Condominium has the exclusive use of one parking space as set forth in Schedule F of the Corporation's Declaration:

AND WHEREAS the Corporation wishes hereby to confirm the entitlement of unit owners to lease their exclusive use parking spaces to non-residents of the Condominium:

AND WHEREAS the Corporation hereby places certain terms and conditions upon such leases;

AND WHEREAS the Corporation hereby confirms that the contents of this By-Law have also been passed as a Resolution of the Board and a copy of this By-Law has been forwarded to all unit owners in the Corporation as part of the Notice of Meeting at which this By-Law is intended to be confirmed;

AND WHEREAS the contents of this By-Law therefore also Constitute a rule of the Corporation within the meaning of Section 29 of the Condominium Act;

NOW THEREFORE be it enacted as a By-Law of the Corporation as follow:

ARTICLE I

DEFINITIONS

All words used herein which are defined in the Condominium Act, R.S.O. 1980, c. 84, shall have ascribed to them the meaning set out in the Act as amended from time to time.

ARTICLE II

LEASE OF EXCLUSIVE USE PARKING SPACES TO NON-RESIDENTS

(1) Unit owners are entitled to lease their exclusive use parking spaces to non-residents of the Condominium, provided that:

• (a) Any such lease shall not exceed a term of five years, including renewals;
• (b) Any unit owner leasing an exclusive use parking space to a non-resident as aforesaid shall forthwith provide to the Corporation written notice of the Lessee's name, address and telephone number and the term of the lease;
• (c) Any lessee of a parking space shall be subject to the duties imposed by the Condominium Act, and the Declaration, By-Laws and Rules of the Corporation on an owner, but the owner shall always remain jointly responsible with the lessee for the conduct of the lease, the lessee's family, invitees, servants or agents;
• (d) Any loss, cost or damages incurred by the Corporation by reason of any act or omission on the part of any lessee, his family, invitees, servants or agents shall be borne by the lessor/owner of the parking space and may be recovered by the Corporation against such lessor/owner in the same manner as common expenses;
• (e) The non-resident lessees shall not be entitled to obtain access to the building containing the dwelling units of the Condominium and no unit owner shall provide any such means of access (including a key) to a lessee.

(2) Any loss, cost or damages incurred by the Corporation by reason of a breach of this By-Law/Rule by any owner, his family, invitees, servants, agents or occupants of his unit shall be borne by such owner and may be recovered by the Corporation against such owner in the same manner as common expenses.

ARTICLE III

MISCELLANEOUS

(1) Invalidity: The invalidity of any part of this By-Law shall not impair or affect in any manner the validity and enforceability or effect of the balance thereof.

(2) Gender: The use of the masculine gender in this By-Law shall be deemed to include the feminine and neuter genders and the use of the singular shall be deemed to include plural wherever the context so requires, and vice versa.

(3) Waiver: No restriction, condition, obligation or provision contained in this By-Law shall be deemed to have been abrogated or waived by reason of any failure to enforce the same irrespective of the number of violations or breaches thereof which may occur.

(4) Headings: The headings in the body of this By-Law form no part thereof but shall be deemed to be inserted for convenience of reference only.

(5) Alterations: This By-Law or any part thereof may be varied, altered or repealed by a By-Law passed in accordance with the provisions of the Act, and the Declaration.

The foregoing By-Law is hereby passed by the Directors of the Corporation pursuant to the Condominium Act of Ontario as evidenced by the respective signatures hereto of all the Directors.

DATED this 7 th day of June, 1989

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THE CONDOMINIUM ACT

C E R T 1 F I C A T E (By-Law No. 4) CARLETON CONDOMINIUM CORPORATION NO. 74 hereby certifies that the By-Law Number 4 attached hereto was made in accordance with The Condominium Act, being Chapter 84 of the Statutes of Ontario, 1980, and any amendments thereto, the Declaration and the By-Laws of the Corporation, and that the said By-Law Number 4 has not been amended and is in full force and effect.

DATED at the City of Ottawa, in the Regional Municipality of Ottawa-Carleton, this 26 day of April, 1990

CARLETON CONDOMINIUM CORPORATION NUMBER 74

Per______________________
Secretary

(Corporate Seal)