Declaration of Horizontal Property Exhibit B

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EXHIBIT "B"

 

TO: Declaration of Horizontal Property Ownership of Jamison Residential Condominiums dated  JULY 8, 1988.

 

METHOD OF COMPUTING PERCENTAGE INTERESTS

 

1. The Percentage Interest which will appertain to each Unit shall be a percentage equal to the number of square feet in each Unit divided by the total number of square feet in all Units which have been subjected and submitted to this Declaration and then constitute a part of the Regime.

 

2. The square foot areas of each of the Units is tabulated in accordance with AIA Document D101, "The Architectural Area and Volume of Buildings", as follows:  The architectural areas of each Unit shall be the sum of the areas of the several floors of such Unit, including the basement, mezzanine, and intermediate floored tiers, lofts, and penthouses of headroom height, measured from the exterior faces of exterior walls or from the centerline of walls between Units. Discretion is advised in calculating areas of interstitial space. Covered walkways, open roofed-over areas that are paved, porches and similar spaces shall have the architectural area multiplied by an area factor of 0.50. The architectural area does not include such features as pipe trenches, exterior terraces or steps, chimneys, roof overhangs, etc.