Common areas, including open space, recreational areas, and other common ground, shall be for the sole benefit, use, and enjoyment of the lot or unit owners, present and future, of the entire planned residential community development, or that the common areas may also be used by residents outside the planned residential community development. If residents outside of the planned residential community development are permitted to use the common areas, the indenture shall contain provisions which shall provide, in essence, the following:
a. No resident of the planned residential community development shall be denied the use of the common areas, including open space, recreational facilities or other common ground, for any reason related to the extension of such privilege to non-residents of the planned residential community;
b. All rules and regulations promulgated pursuant to the indenture with respect to residents of the planned residential community development shall be applied equally to the residents;
c. All rules and regulations promulgated pursuant to the indenture with respect to non-residents of the planned residential community development shall be applied equally to the non-residents;
d. Any time after the recording of the indenture, a majority of the residents of the planned residential community development, by election duly called, may elect to allow or disallow usage of the open space, recreational facilities or other common areas by non-residents of the planned residential community development.