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INTERNAL BY-LAWS 2016

CONDOMINIUM VISTA ALEGRE

Approved April 28th., 2016

“CONDOMINIO CONJUNTO RESIDENCIAL VISTA ALEGRE”

Libramiento Chapala Ajijic # 145

San Antonio Tlayacapan, Jalisco, Mexico

C.P. 45915

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TABLE OF CONTENTS ARTICLE TITLE PAGE

I General Considerations 3

II Owners 4

III Rights of Owners 4

IV Obligations of Owners 4

V Condominium Fees 6

VI Board of Directors 8

VII Duties of the Board of Directors 9

VIII Authority of the Board of Directors 11

IX Assemblies 11

X Ordinary Assemblies 12

XI Extra-Ordinary Assemblies 13

XII The Condominium Administrator 14

XIII Sale or Rental of Property 15

XIV Committees 16

XV Rules & Regulations 17

XVI Amendments to the By-Laws 17

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ARTICLE I

General Considerations

A. Vista Alegre is a horizontal condominium registered in the Municipality of Chapala, State of Jalisco, Mexico, bearing Public Deed number 8,602 dated December 21, 1999. Vista Alegre is a premium, single-family, residential-only community.

B. Address:

Carretera Libramiento Ajijic # 145 – A San Antonio Tlayacapan, Chapala, Jalisco, Mexico 45915

C. Common Property. The areas of common property include: the entrance gate with offices,

storerooms, patios, guard house, bathrooms, telephones; streets, walkways and gardens of communal use; the structures intended for general installations and common services; the manholes and the inspection wells, the underground ducting, water, and sewer lines; electric and telephone underground networks; the sewer system; the swimming pool and other recreational facilities; the buildings and installations intended for receptions and social gatherings; the retaining walls and perimeter fences which border common property and in general all those areas and elements that are not private property and any others which border common property that the owners agree to share in common. Common property ends at the back edge of the curb.

D. The provisions of these By-Laws shall apply to all home and property owners, renters,

developers, , guests and in general any person whether transitory or permanent, who is on any

of the private or common areas of the condominium.

E. The Condominium shall ensure that all owners share the cost of the services provided and in the

maintenance of the development, based on percentage of ownership.

F. All owners/renters and residents shall be subject to the following:

1. These By-laws.

2. Rules and Regulations as posted on the Vista Alegre website.

www.vistaalegre1weebly.com

3. The condominium legislation embodied in the Civil Code of Jalisco.

4. The resolutions approved at assemblies of owners.

G. It is the responsibility of owners, renters and residents to read and understand these By-

laws.

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ARTICLE II

Owners One becomes an owner upon purchase of property within the Condominium and the deed has been

registered in their names. Proof of ownership must be provided to the Condominium Administrator

along with an official photo identification of owner (s) to ensure ownership and voting privileges at

assemblies.

ARTICLE III

Rights of Owners

A. All owners share the right to enjoy equally the services of the Condominium, such as street

maintenance, recreation areas, facilities and public lighting. Owners and renters must respect

the rights of others by following Condo By-laws and the Rules and Regulations established for

the use of services.

B. Each owner has co-ownership rights with all other owners of the common areas and facilities.

C. Owners in good standing (no outstanding debt to the Condominium) have the right to vote at an

Assembly based on percentage of ownership.

D. All owners shall receive the projected budget and maintenance fees for the upcoming year to be

approved at the Ordinary Annual Assembly.

E. Access to the Condominium website shall be available to every owner and renter. The website

contains the By-laws, Rules and Regulations, Minutes and Reports on all matters pertinent to

the operation of the Condominium. www.vistaalegre1weebly.com

F. Any owner may request in writing, a meeting with the Board of Directors to discuss an issue or

problem they may have. Their participation shall commence immediately after the conclusion of

the regular board agenda.

ARTICLE IV

Obligations of Owners

A. Owners and renters are obligated to support the aims of the Condominium with respect to the

improvement and maintenance of the residential areas, while giving proper respect to the rights

of other residents.

B. Be current in the payment of Condominium fees and any other charges, assessments or fines

that may be levied.

C. It is the responsibility of each owner(s) to maintain their property at a level that meets Vista

Alegre´s Rules and Regulations. All maintenance and repair work necessary for the owner´s

property shall be at the owner´s or renter´s expense. In case the appearance of a home or its

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garden is neglected, the Condominium Administrator shall advise the owner/renter in writing of

the existing conditions, and the situation must be rectified as soon as possible. If, within 30 days

of the notification, the owner/renter has not corrected the situation, the necessary work shall be

carried out by the Administrator and the cost charged to the owner´s account adding a 25%

surcharge over the total cost of the work done.

D. The Condominium shall only be used for residential purposes. No commercial activity shall be

allowed, nor any activity that necessarily requires the daily or frequent presence in a home of

persons foreign to the Condominium as part of a commercial, professional, religious, educational

or any other kind of endeavor, except for domestic servants, service providers or other

household help, maintenance workers and contractors.

E. Each owner/renter shall use the common areas and facilities only in accordance with all Vista

Alegre Rules and Regulations.

F. Owners shall individually pay their property taxes and water (Simapa).

G. Owners/renters shall pay their utilities, gardening and all other expenses solely associated with

their property.

H. Owners are obligated to pay their Condominium fees in advance in accordance with the terms

established in these By-Laws

I. Owners are responsible for any damages to Condominium property resulting from the actions of

renters, visitors, or service contractors doing work on their property.

J. Owners and renters who do not use their property or any of the common elements, are not

exempt from their obligations of paying the condominium fees. (Jalisco Code Article 1008)

K. Owners and renters in general may not do any of the following, except with the permission of the

Board of Directors and in compliance with the Internal By-Laws and the Civil Code of Jalisco:

1. Perform any activities that affect the peace and comfort of other residents, or that

compromise the stability, security or health of the condominium, or allow omissions or

errors that produce the same results.

2. Do anything to the exterior or interior of their private unit that impedes or renders

ineffective the operation of common services or facilities, or that renders the common

property unusable or difficult to use, or that puts at risk the security or quiet enjoyment of

the other residents.

3. Do any work or repairs before 8 a.m. or after 6 p.m. during week days, except in cases of

major emergency. Saturdays 8 a.m. to 2:00 p.m.

L. Owners/Renters who do not comply with these provisions will be responsible for payment of

damages.

M. In order to ensure the comfort of all residents, all radios, TVs, and other sound reproduction

equipment shall be kept at a reasonable volume, especially between the hours of 10:00 p.m. and

8:00 a.m.

N. Violations of these By-laws could cause gate restrictions to residents such as not allowing

visitors, workers, materials, etc. to enter the condo, at least until the violation ceases.

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ARTICLE V

Condominium Fees

Owners must pay their share of yearly maintenance and operational expenses of the condominium

facilities and services and to the Reserve Fund (Jalisco Code Article 1026). Such fees are based on

the percentage of ownership of each lot.

A. For accounting and tax purposes, the fiscal year of the Condominium shall be from January 1st.

to December 31st.

B. All costs for maintenance services and management shall be established either as

Maintenance/Operational Fees or as Special Assessments.

These fees shall be used to:

1. Defray the cost of maintaining the common areas and services for the community,

including, but not limited to, gardening services of the common areas, street lights,

security, cleaning of the streets and common areas, swimming pool maintenance and

heating, maintenance of the sewer system, telephone cables in the common areas,

electric wiring and the water pipes, both for domestic use and for gardening use, utilities

and services, taxes, labor, accounting, management, and to cover other expenses the

Board of Directors may deem necessary to improve the services rendered to the

residents.

2. Maintain a Reserve Fund: the purpose of this fund is to finance ongoing long-term

repairs, maintenance and replacement of common property and capital equipment that is

more than a normal yearly expense. The amount to be held in the fund will be

determined by an analysis of the projected long term Capital Assets expenditures as part

of the budget process and presented to the owners at the Annual Ordinary Assembly.

The Reserve Fund shall be placed in an easily accessible low risk interest bearing

investment.

3. Special Assessments: In the event that there any major emergency repairs, due to

unforeseen catastrophic events, each owner shall be assessed a proportionate share of

the expense. Prior approval to effect repairs that may be considered critical to the safety,

security and well being of the community as a whole, is not required.

All other special assessments must be approved by a 75% vote at an Extra-Ordinary

Assembly of owners.

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Fee Payment Schedule and Penalties:

A. Condominium Maintenance Fees are set annually based on the operating budget for the year

and based on percentage of land ownership.

B. Owners can choose to pay annually, bi-annually or quarterly. Dues are payable quarterly in

advance before the 15th of January, April, July and October. Owners who wish to apply for

monthly payments must receive the approval of the Board of Directors.

C. The annual fee increase, if approved at the Annual Ordinary Assembly, must be paid by the

deadline for fee payments within the following quarter (April 15).

D. Additional fees of 2.5 %, per month occupied, will apply for rented casitas that result in two

non-related families residing in the same property and shall be paid quarterly in advance.

E. Non-receipt of a fees notice does not relieve the owner from making the corresponding payment

by the due date.

F. Discounts do not apply to any fee payments.

G. In all cases, late charges will be applied to all unpaid condominium fees at the rate of 3% per

month calculated on the quarterly amount due.

H. For every year of unpaid Condo Fees, a penalty of $10,000.00 pesos will be imposed, in

addition to the late charge fee.

I. Partial payments will be applied first to any late charge payment due and then to the oldest

overdue fees.

J. For security reasons, payments should be made directly to the Vista Alegre bank account. No

cash payments should be made to the Administrator. The owner is responsible for ensuring the

Administrator immediately provides a receipt and is also responsible to maintain their own

records of payments made.

K. Construction or remodeling will be approved only if the owner has no outstanding debt to the

Condominium.

L. All fees, late charge fees and penalties (if any) must be paid before a property is sold.

M. Notices of special assessments approved at an Extra-Ordinary Assembly will be e-mailed and

distributed to the owners.

N. Owners are responsible for ensuring payments are made, not their renters or property

administrators.

O. Owner/renters shall pay any assessment or fines for non- compliance of VA Regulations within

30 days of notice.

P. Owners that owe more than 2 quarters will have that property´s usage of the Club House and

recreation facilities suspended until they are current in their condominium fees, penalties and/or

administrative fees. This will be in effect on the 16th. day of the second unpaid quarter.

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ARTICLE VI

Board of Directors

The Board of Directors is vested with the responsibility of governance of Condominium Vista Alegre.

This includes all reasonable measures required to ensure that Vista Alegre remains a premier single-

family residential community in which the highest quality of living environment is provided for all

owners/renters and their guests who occupy Vista Alegre. The Board shall execute its responsibilities

in a manner that contributes to the preservation and growth of the financial equity of all owners.

A. The Ordinary Annual Assembly will elect a President, Treasurer/Vice-President, Secretary and

up to two voting Directors. Additionally two non-voting Directors may be elected to the Board.

B. Members of the Board of Directors are volunteers who hold honorary positions without salary or

other benefits. Only owners in good standing, or a renter with written authorization from the

owner, may serve as a Director.

C. No person who possesses a criminal record or has been charged with a criminal offense may

serve as a Director.

D. A quorum for a Board of Directors meeting will be three voting directors. In the absence of a

quorum of voting directors, a non-voting director becomes eligible to vote and thus constitutes a

legal quorum. Once a quorum is established, all motions voted on will be decided by a simple

majority vote. In case of a tie, the president´s vote shall be the deciding vote.

E. If the President of the Board cannot continue to serve the term, the Treasurer/Vice-President

shall become the President. The Board can then vote to replace the Treasurer/Vice-President

with a voting director and a non-voting director will be selected to become a voting Board

member.

F. In case any other executive Board member (Treasurer/Vice-President, Secretary) cannot

continue to serve their term, the Board can vote to replace that Director from among the voting

members of the Board.

G. In case a voting Director cannot continue to serve their term, the Board can vote to replace that

member from among the non-voting Directors.

H. In case any acting Board Member is subject to a Law suit or criminal action related directly to the

exercise of his/her position as a Board Member of Vista Alegre Condominium, the Condominium

will be responsible to pay for all the legal fees and expenses incurred in his or her defense. This

obligation will cease in case the Board member´s actions violate or are contrary to Vista Alegre

By-laws, Rules and Regulations or the Civil Code of Jalisco.

I. In case a non-voting Board member cannot continue to serve their term, and the President

deems it imperative that a replacement be found, the Board of Directors and/or the

Administrator, will canvas the homeowners for a volunteer to fill the role until the next Annual

Ordinary Assembly. If there is more than one volunteer, the Board will select one by majority

vote.

J. In case a Board Director continually interrupts, annoys and obstructs the work of the Board or of

the Administrator, that Board member can be removed from the Board if a majority of voting

members agrees.

K. The Board of Directors shall meet whenever convened by the President or in his absence by the

Treasurer/Vice-President, on the last week of every month. Members of the Board of Directors

may attend the Board Meetings via electronic communication like telephone or tele-conference.

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ARTICLE VII

Duties of the Board of Directors

A. The Board of Directors shall have the following specific duties and powers for any and all

matters concerning the Condominium:

1. Represents the owner’s interests in common and with the Power of Attorney in judicial

and administrative matters. The Board of Directors has the express duty, obligation and

authority to establish Rules and Regulations as needed for the good and orderly

operation of the Condominium, for the benefit of the owners. These Rules and

Regulations may be modified, added to, or repealed at any time by the Board of Directors.

3. The President or Treasurer/Vice-President must meet at least once a month with the

administrator to receive a written report, regarding the status of the Condominium´s

operations and to check the financial statements and the books and examine funding for

maintenance and management, and also the status of Reserve Fund investments.

3. Assist the Administrator ensuring that the owners/renters comply with their obligations

under the Condominium By-Laws and Rules and Regulations.

4. Authorize the budget for the following year before it is presented to the owners.

5. Establish collection and secure investment policies.

6. The Board may serve as mediator for any conflict between 2 or more residents, but first

the residents must try to solve the problem on their own, where the conflict is related to

VA by-laws. However, in the event that either of the residents retains legal counsel to

resolve the conflict, the Board will cease its involvement unless it is determined to be in

the best interest of the Condominium.

7. In accordance with current bank policy regarding the Vista Alegre account, only the

voting Directors have the authority to sign checks and/or financial documents. Any two

voting members of the Board must sign jointly. The Administrator is not authorized to sign

checks.

8. With respect to current US regulations concerning the financial reporting responsibilities

of all US citizens, it has been determined that it is in their best interests to not have

signing authority related to any VA bank accounts. Any US citizen who is elected to a

voting position on the Board of Directors will not be required to submit his/her signature

for any VA banking purposes.

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The President:

• Preside at Board Meetings.

• Provide a tie breaking vote.

• Present to the Annual Ordinary Assembly a report of activities of the Board.

• Represent VA in all legal matters as per the Civil Code of Jalisco.

The Treasurer/Vice-President:

• Substitute for the President when absent at Board meetings and Assemblies.

• Supervise and assist the Administrator in the collection of Condominium fees and special assessments.

• Receive and review monthly Financial Reports via email directly from the accountant.

• Present to the Annual Ordinary Assembly a summary of the annual financial report.

• Together with the Financial Committee and the Administrator, prepare the budget for the following year.

• Review and approve the monthly Petty Cash expenses and all other monthly

disbursements.

The Secretary:

Ensure the minutes of the Board meetings and of the Assemblies are posted on the Vista Alegre website in Spanish and English. www.vistaalegre1weebly.com

Ensure the proper protocol and registration at the Notario´s office of the assembly minutes.

Ensure the preparation by the administrator of all documents that are required to be presented at the Assemblies.

Ensure the organization of Assemblies and the preparation ahead of time of the necessary ballots and voting procedures.

Directors-at-Large (voting):

• Substitute at meetings for any absent member of the Board, with the exception of the

President.

Alternate-Directors-at-Large (non-voting):

• Substitute at meetings for any absent Director at Large.

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ARTICLE VIII

Authority of the Board of Directors

Under the Civil Code of Jalisco, the Condominium through the Board of Directors is empowered to:

A. Establish Policies, Rules and Regulations for the use and occupancy of all areas within the development. This includes common areas as defined in Article 1 section C and areas under private ownership, which shall include security procedures for the safety of the owners.

B. Establish the powers and duties of governing and management.

C. Establish a condominium fee structure to provide the necessary income to cover the costs of management, maintenance and operation and for the reserve fund.

D. Authorize and negotiate settlements.

E. Enter into contracts as needed for improving, operating and maintaining common areas and facilities.

F. Enforce the By-Laws, Rules, Regulations and the resolutions of Assemblies of Owners.

G. Establish Rules and Regulations for signage and entrance guidelines for any non-residents.

H. Establish and determine a clear mandate for committees.

ARTICLE IX

Assemblies

A. The highest authority of the condominium is the Assembly of Owners, whether Ordinary or

Extra-Ordinary.

B. Assemblies Ordinary or Extra-Ordinary may be convened by the Board of Directors or The

Administrator on the request of the Board.

C. The notice for the Assembly shall be signed by the President of the Board.

1. The Assembly meetings will always be held in the Vista Alegre Club House.

2. The notice for an Ordinary Assembly must be made at least fifteen calendar days before

the meeting.

3. The notice for a Extra-Ordinary Assembly must be made at least twenty calendar days

before the meeting.

4. In both cases, notice will be posted in a visible place On Condominium property on the

date of issuance and sent by email to all owners.

5. Notice for Assembly shall specify the date, time and location of the meeting, and shall

include the agenda, which shall list those matters on which it will be necessary to vote.

D. Topics for decision at an Assembly may be added to the Agenda by the Board of Directors

except for capital improvement items.

E. Any Assembly shall be presided over by the President of the Board of Directors, or by a

temporary chairman designated by the Assembly from among those owners present who have

no outstanding debt to the Condominium or by the Administrator.

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F. At the commencement of any the Assembly, the Chairman will ask the Assembly to select two or

three neutral scrutineers who will monitor the counting of the votes.

G. Any absent owner(s) may be represented by proxy. For the vote of an owner or a proxy holder to

be valid, the property must appear without any outstanding debt to the Condominium at the time

the Assembly is held, whether Ordinary or Extra-Ordinary. The proxy must be signed by the

absent registered owner and two witnesses and it will be valid only for the Assembly stated on

the document. An e-mail copy of the proxy shall be acceptable.

H. Votes are based on percentage of ownership. Ballots should be used for items affecting the

election of Directors or other agenda items and if agreed by the majority, all motions of a minor

nature may be voted by a show of hands.

I. Decisions of an Assembly shall be valid only if the subject pertains to one of the topics listed for

decision making in the Agenda included in the notice for Assembly.

J. The decisions taken at the Assembly are binding on all, including absent and/or dissenting

owners.

K. The minutes of each Assembly shall be signed by the President of the Board of Directors and

the Chairman to the assembly and shall form part of a file together with all other documents

pertaining to the Assembly which shall be notarized by a Notary Public with jurisdiction in

Chapala and registered in the Public Property Records Office.

ARTICLE X

Ordinary Assemblies

A. An Ordinary Assembly shall convene at least once a year within the first quarter of the year.

B. Additional Ordinary Assemblies may be convened as required to consider any topic for which an

Extra-Ordinary Assembly is not required.

C. In order for an Assembly to be duly brought to order in first summons, it will be necessary that at

least 51% of the Condomimium rights be present, in person or by proxy, of owners in good

standing.

D. If the required 51% is not met, a second call will be made to the owners to hold a new Assembly in

no less than seven and no more than fifteen days later and it will take place with any number of

owners attending.

E. The Ordinary Annual Assembly shall:

1. Receive the Condominium's general report including the status of the assets and

services, and its financial situation from the President, Treasurer and Administrator.

2. Elect the members of the Board of Directors for the new term.

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3. Confirm or designate the Condominium Administrator for the current year.

4. Approve the Condominium's income and expense budget for the year.

5. Address any additional agenda items as proposed by the Board of Directors that are not

extra-ordinary items and were included in the agenda.

F. The resolutions taken at an Ordinary Assembly shall be valid if the matter is decided by a

majority of votes based on percentage of ownership, cast by owners in good standing present in

person or by proxy.

G. In the case of the election of members of the Board of Directors, those with the most votes for a

specific position shall be elected to serve on the board.

ARTICLE XI

Extra-Ordinary Assemblies

A. Extra-Ordinary Assemblies are required to be convened any time a decision is required to be

made on any of the matters listed below:

1. Modification of the Condominium's By-Laws.

2. Approval of any improvement or upgrades of common elements.

3. Conversion or disposal of common assets.

4. Agreement on the termination of the condominium ownership system.

5. Incorporation of new areas to the condominium ownership regime or separation of others.

6. Asking a judge to force an owner to sell their rights to the property.

7. Agreement on the reconstruction of a building or structure, whether private or common, within the Condominium after a disaster.

8. Any other resolution corresponding to owners gathered in a meeting.

B. Extra-Ordinary Assemblies can be held with whatever number of owners in good standing is present in person or by proxy. Decisions of this Assembly will be valid only if they are approved by owners representing at least 75% of the votes of the Condominium.

1. This approval may be obtained either at the Extra-Ordinary Assembly or within the following 30 calendar days of the date of the Assembly, with votes cast by absentee owners, in good standing.

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ARTICLE XII

The Condominium Administrator

The direct management of the Condominium shall be the responsibility of the Administrator or a

Condominium Management Company. The Administrator shall be appointed by the Annual Ordinary

Assembly of Owners and shall perform his or her duties under the direction of the Board of Directors.

A. The Administrator shall have the authority and obligation to perform the following:

1. Implement the decisions taken by the Assemblies (Ordinary or Extra-Ordinary) and by the

Board of Directors, as well as acting as the legal representative of the Condominium

before third parties, with judicial power of attorney.

2. Carry out and oversee the operation, the maintenance of installations, the general services

and up-keep of the common areas of the Condominium.

3. Make payments for Maintenance and Management, allocating the corresponding account

in accordance with the budget, and keep or have others keep, accounting books and

documentation related to the Condominium's finances which shall be available to the

owners for consultation.

4. Take the minutes of the meetings of the Board of Directors when asked to do so by the

Secretary.

5. Maintain inventory records for the movable assets of the Condominium, and also for the

plans, permissions and other documents that affect the Condominium. Inventories shall

be taken once a year, prior to the Annual Ordinary Assembly.

6. Carry out the management and upkeep of the Condominium with the understanding that

the hiring or firing of personnel must have the prior approval of the President of the

Board of Directors.

7. Collect authorized fees from the owners and issue receipts for all amounts contributed.

8. Make available for owners quarterly operating statements on request.

9. Make available for any owner who wishes to consult it, a complete listing showing the

amounts contributed by each owner and the amounts pending and past due.

10. Issue the calls for Assemblies.

11. Keep at least three record books:

a. To record the minutes of Assemblies.

b. To record the minutes of the meetings of the Board of Directors.

c. To record the income and expenditures of the Condominium.

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12. Post the minutes of the Board of Director's meetings in Spanish and English to the Vista

Alegre web page (www.vistaalegre1weebly.com).

13. Post in Spanish and English the minutes of the assemblies, ordinary and extra-ordinary.

14. Maintain an updated registry of all homeowners, their renters or guests residing in the

Condominium, their phone numbers and e-mail addresses.

15. Maintain a registry of the addresses, phone numbers, and e-mail addresses where the

owners/renters may be reached when absent from their home.

16. Ensure that the security procedures established by the Board of Directors are enforced.

17. Ensure that owners and residents be informed of all news, modifications to Rules and

Regulations and all relevant changes in the Condominium.

18. Establish job descriptions for all employees.

ARTICLE XIII

Sale or Rental of Property

A. It is the obligation of the owner to notify the Condominium Administrator of the intention to sell or

rent property.

B. As co-ownership of the common areas is permanently attached to each private property and is

transferred with a change of ownership, it is essential when an owner wishes to sell their property

that they provide the buyer with copies of these By-Laws and Rules and Regulations with the

amount of the condominium fees for this property.

C. When a property is rented or if there is a change of renter, the owner is responsible to provide the

renter a copy of the Condominium's By-Laws and Rules and Regulations. Failure to do so may

result in a fine to the owner, the amount to be determined by the Board of Directors. The

Administrator must be given full information of any new residents prior to taking possession. For

security reasons, the renter is required to complete an Information Form for the Condominium

Administrator.

D. When a house is rented the use of the common areas is transferred from the owners to the

renters, so only the actual residents have access and use of common areas.

E. Properties within the Condominium may be rented provided the minimum rental period shall not be

less than 30 days.

F. When renting or selling, the owner must be up to date with payment of the Condominium fees.

Casita/Apartment Rental

G. Existing Casitas/Apartments may be rented provided a minimum rental period of no less than 30

days.

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ARTICLE XIV

Committees

The Board of Directors shall create or eliminate committees as necessary. All committees serve

under the direction of the Board and must report to the Board of Directors on a regular basis. The

Board shall diligently ensure that each committee keeps proper records and follows an open and

transparent procedure to conduct its business. Committees shall submit standardized bidding

guidelines and/or bid specifications to the Board of Directors where applicable. Committee members

should be residents in good standing.

Construction Committee

• Shall consist of at least two residents.

• This committee shall review and approve any work or construction within the Vista Alegre

lands; new construction, renovation or modification work, including the installation and

maintenance of any services and utilities, as described in the Construction By-Laws.

• This committee shall approve architectural projects by reviewing the plans, drawings and

specifications regarding new construction, structural changes in any buildings or structure in

the Condominium, including, but not limited to paint schemes, fences, walls, landscaping,

demolition, addition to, or renovations, etc.

Finance Committee:

• Shall be composed of the Treasurer, the Administrator and one or more residents.

• The Committee shall meet as often as required throughout the year.

• The Committee shall prepare the budget for the next year and deal with other financial matters

related to the Condominium.

• The annual budget preparation and recommendation of this committee must be reviewed and

approved by the Board of Directors prior to being presented to the owners at the next Annual

Ordinary Assembly.

Social Committee:

• The function of the committee is to create and assist in setting up social activities or other

endeavors that will enhance the community's social environment.

• All proceeds from clubhouse and pool rental reservations, plus the fees generated through all

social activities shall be allocated to the Social Committee for the acquisitions of furnishings,

equipment and supplies for social events held for the benefit of the community. All such

expenditures must be submitted to the Board of Directors for approval.

Other Committees:

Other committees may be appointed when necessary for specific purposes.

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ARTICLE XV

Rules & Regulations The Board of Directors has the express duty, obligation and authority to establish Rules and Regulations as needed for the good and orderly operation of the Condominium for the benefit of owners/residents. These Rules and Regulations may be modified, added to, or repealed at any time by the Board of Directors. (Vista Alegre By-Laws Article VII, Section A, Item 1). Rules and regulations have been created for the following categories, and will be posted on the Vista Alegre website www.vistaalegre1weebly.com and/or distributed to an owner upon request to the Administrator. It is the responsibility of all owners, residents, renters and visitors to adhere to these Rules and Regulations.

Club House Rules

Tennis Court Rules

Pool Rules

Pet Rules

Landscaping Rules

Vehicular Rules

Miscellaneous Rules:

Clotheslines or other devices for the drying of clothes cannot be installed where they can be viewed from the street or from other houses.

No back washing of pool water into the streets or adjoining properties. No unauthorized entry to other´s property including rental units. No bonfires are allowed on vacant lots. Vacant lots cannot be enclosed. Lots cannot be used by the owner to store any kind of materials/vehicles/machinery, etc.

ARTICLE XVII

Amendments to the By-Laws

A. These By-Laws may be amended, changed or canceled only by an Extra-Ordinary Assembly of Owners.

Any issues not included in these By-laws will be governed by the Civil Code

of Jalisco in the Municipality of Chapala.