Section 5.3. Duty to Accept Master Association Properties and Facilities Transferred by Declarant. The Master Association shall accept title to any property, including any Improvements thereon and personal property transferred to the Master Association by Declarant, and equipment related thereto, together with the responsibility to perform any and all duties associated therewith, provided that such property and duties are not inconsistent with the provisions contained in this Declaration. Property interests transferred to the Master Association by Declarant may include fee simple title, easements, leasehold interests and licenses to use; provided, however, that Declarant does not intend to lease any recreational facility to the Master Association. In the event that Declarant shall lease any recreational facility to the Master Association, such lease must be approved by the FHA or the VA and such lease must be terminable by the Master Association at any time, with or without cause and without payment of a termination fee, upon not more than 90 days' written notice. Any property or interest in property transferred to the Master Association by Declarant shall be within the boundaries of the area comprised of the First Subdivision and the Annexable Area. Any property or interest in property transferred to the Master Association by Declarant shall, except to the extent otherwise specifically approved by resolution of the Board of Directors, be transferred to the Master Association free and clear of all liens and encumbrances (other than the lien for property taxes and assessments not then due and payable), but shall be subject to the terms of this Declaration, the terms of the Supplemental Declaration annexing the property to the Master Association Area, and easements, rights‑of-way, reservations, covenants, conditions, restrictions and equitable servitudes or other encumbrances which do not materially affect the use and enjoyment of the property by the Master Association or by Owners. Except as otherwise specifically approved by resolution of the Board of Directors, no property or interest in property transferred to the Master Association by Declarant shall impose upon the Master Association any obligation to make monetary payments to Declarant or any affiliate of Declarant, including, but not limited to, any purchase price, rent, charge or fee. The property or interest in property transferred to the Master Association by Declarant shall not impose any unreasonable or special burden on the Master Association other than the normal burdens of ownership of property.
Section 5.4. Common Area. The Master Association, subject to the rights of the Owners set forth in this Declaration, shall be responsible for the management and control of the Common Area and all Improvements thereon (including furnishings and equipment related thereto), and shall keep it in good, clean, attractive, and sanitary condition, order, and repair consistent with the requirements of a first‑class residential, commercial and recreational community, pursuant to the terms and conditions hereof.