(2) A common property rights by-law may
confer rights or special privileges subject to conditions specified in the
by-law (such as a condition requiring the payment of money by the owner or
owners concerned, at specified times or as determined by the
owners corporation).
(3) A common property rights by-law may be made even
though the person on whom the right of exclusive use and enjoyment or the
special privileges are to be conferred had that exclusive use or enjoyment or
enjoyed those special privileges before the making of the by-law.
(4) After 2
years from the making, or purported making, of a
common property rights by-law, it is conclusively presumed that all conditions
and preliminary steps precedent to the making of the by-law were complied with
and performed.