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The Princeton Declaration states that: Any lease or rental agreement relating to a Unit must be in writing and shall be subject to all the term conditions and requirements of the Declaration, By-Laws and rules and regulations of the Association. No Unit may be leased or rented for a period less than one (1) year. The Owner shall provide a copy of the lease or rental agreement to the Board within ten (10) days after its execution or the date of occupancy, whichever occurs first. If the lease is oral, a memorandum or lease shall be provided according to the same time restriction. The Association is hereby expressly deemed to be a third party beneficiary of any such lease and any violation of the Declaration, By-Laws or rules and regulations shall be deemed a default under such lease entitling the Association to exercise any and all remedies under the lease or available at law or equity, regardless of the Owner's action or inaction in response to such default. If a tenant violates any provision of the Declarations, By-Laws or Rules and Regulations, the Association Board, in its discretion, shall determine what action or actions should be taken against the unit owner or tenant, as the case may be. Notwithstanding,
anything in the foregoing section to the contrary, the Association may
proceed directly against a tenant to seek any of the remedies set forth
in the Declarations, for the breach by the tenant of any covenant, rule,
regulation, by-law or statutory provision.
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