[§514B-40]  Transfer of limited common
elements.  Except as provided in the declaration, any unit owner may
transfer or exchange a limited common element that is assigned to the owner's
unit to another unit.  Any transfer shall be executed and recorded as an
amendment to the declaration.  The amendment need only be executed by the owner
of the unit whose limited common element is being transferred and the owner of
the unit receiving the limited common element; provided that unit mortgages and
leases may also require the consent of mortgagees or lessors, respectively, of
the units involved.  A copy of the amendment shall be promptly delivered to the
association. [L 2005, c 93, pt of §2]