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be separated from ownership of any Lot and ownership of such Lot shall be the sole qualification for membership; provided that, a Lot Owner may delegate or assign his or her vote and obligations, liabilities and duties hereunder to a tenant(s) in possession of a Lot. In case of a delegation or assignment to a tenant(s) in possession of a Lot, prompt written notice shall be given to the Association. Any such delegation or assignment shall not terminate the obligations, liabilities and duties of the Lot Owner to perform and comply with this Declaration. At its first meeting, the Association shall adopt Bylaws for its organization and the conduct of its business, which Bylaws shall include a provision for the election of directors and officers. Each Lot Owner shall be subject to the obligations, assessments and duly enacted Articles, Bylaws and rules of the Association. b. Assignment from Owner to Association. Any or all rights and duties of the Declarant under this Declaration, except as to Lot(s) of which the Declarant is the titleholder, may be assigned in writing to the Association at any time in the Declarant's sole discretion. 6. Assessments. a. General and Special Assessments. The Association shall have the right to levy assessments for the costs of operating and maintaining any common areas in the Subdivision. Each Lot Owner's general assessment shall be determined on an annual basis for each fiscal year, prorating fractional years and changes in the ratios and percentages which may occur by issuance of occupancy certificates. An estimate of the Association's costs shall be made annually and each Lot Owner shall pay the general assessment(s) pursuant to the Bylaws of the Association. At the end of each year a statement of the total year's operating costs shall be presented to the Lot Owner and the Lot Owners shall pay any excess charge to the Association within thirty (30) days of the statement. In addition, the Association may levy special assessments at any time during the fiscal year for emergency matters or material matters not included within the budget. Each Lot Owner shall pay the special assessment(s) pursuant to the Bylaws of the Association. Special assessments, other than for capital improvements, may be levied by the Board of Directors of the Association. Any special assessment for capital improvements shall be approved by the affirmative vote over sixty -six percent (66 %) of the Lot Owners as measured by square footage of properties within the Subdivision. b. Self -help by the Declarant. Upon failure by a Lot Owner to comply with any requirement of a Lot Owner stated in this Declaration after receiving thirty (30) days prior notice to cure, the Declarant may contract for the services reasonably necessary to bring the Lot into compliance and assess the actual cost plus a maximum 15% administrative charge against the Lot. When shown of record, such assessment shall be a lien upon the Lot and shall bear interest at the rate established for unpaid assessments. 11 201802607