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personal representatives, successors and assigns. Section 3. Animals. Owners shall be permitted to keep dogs, cats or other household pets subject to the conditions and restrictions contained in the By-Laws as well as any written rules or regulations established by the Association. However, no such pet shall be kept, bred or maintained for any commercial purposes. No animals other than those described in this Section are allowed under the written rules and regulations of the Association shall be raised, bred or kept in or upon any Lot or on any part thereof. The word "animal" shall be construed in its broadest sense and shall include all living creatures except humans. Section 4. Sie:ns. No signs of any kind shall be displayed to the public on any residential Lot except one sign advertising the property for sale, the design, size, and placement of which shall be governed by rules promulgated by the Board of Directors of the Association; in no event shall the size of the sign exceed five (5) square feet. "For Sale" signs shall not be displayed for a period exceeding ninety (90) days, unless the Association rules allow for a longer period. Section 5. Storae:e. The Association shall have the right to adopt rules and regulations regarding long-term outside storage of any vehicle on any of the properties. Section 6. Parkine:. Garages and parking ares on the property shall be used for parking of vehicles owned or leased by Owners and Occupants and their guests, and such other incidental uses as may be authorized in writing by the Association. The use of garages, driveways and other parking areas on the property, and the types of vehicles and personal property permitted thereon, shall be subject to a regulation by the Association, including without limitation the right of the Association to tow illegally parked vehicles or to remove unauthorized personal property. Section 7. Residential Only. The Lots shall be used by owners and occupants and their guests exclusively as private, single family residential dwellings, not for transient, hotel, commercial, business, or other non-residential purposes except as provided herein. Any lease of a Lot (except for occupancy by guests with the consent of the owner) for a period of less than seven days or any occupancy which includes services, customarily furnished to hotel guests, shall be presumed to be for transient purposes. No business, trade, occupation or profession of any kind, will be carried on for profit or otherwise, shall be conducted, maintained or permitted in any Lot or the Common Elements; except (i) an Owner or Occupant residing on a Lot may keep and maintain his or her business or professional records on such Lot and handle matters relating to such business by telephone or correspondence therefrom, provided that such uses are incidental to the residential use, do not involve physical alteration of the Lot and do not involve any observable business activity such as signs, advertising displays, bulk mailings, deliveries, or visitation or use of the Lot by customers or employees and (ii) and Association may maintain offices on the Property for management and related purposes. Section 8. Subdivision. Except as permitted by the Act, no Lot nor any part of the common elements may be subdivided or partitioned without the prior written approval of all Owners and all secured parties holding first mortgages on the Lots. Section 9. Leasine:. Leasing of Lots shall be allowed, subject to reasonable regulation by the Association, and subject to the following conditions, (i) that no Lot shall be leased for transient or hotel purposes (ii) that no Lot shall be subleased, (iii) that all leases shall be in writing, and (iv) that all leases shall provide that they are subordinate and subject to the provisions of the governing documents, the rules and regulations or the Act, and that any failure of the lessee to comply with the terms of such documents shall be a default under 15