The homeowner's Declaration and By-Laws read as follows:
. . .terms used in the Declaration are defined as follows:
Owner: The holder or holders of legal title of record to a parcel. . .
Parcel: The self-contained dwelling units, with party wall or walls, constructed or to be constructed, together with the land appurtenant thereto, owned by one person or, if owned by two (2) or more persons, then so owned by them as joint tenants or tenants in common.
Association By-laws state under Purposes:
(b) To safeguard, protect and enforce the obligations, reservations easements. . ..enforceable against all real property owned by members of The association. . .
To hold legal title to and own certain residential property on a cooperative basis and to maintain, manage and preserve such property.