Obligations of Declarant. The Declarant, as the term is defined in Civil Code section 1351(g), shall complete the initial installation of the Stormwater Facility. The obligations and liabilities of the Declarant, as set forth in Sections 1 through 5 shall be the obligation of the Association and the heirs, successors, executors, administrators and assigns of the Declarant in the Property from and after the Transfer Date and except for obligations and liabilities which arise before the Transfer Date, Declarant shall be relieved of all of all such obligations and liabilities as of the Transfer Date.
