Owner understands the requirements of this application and agrees to the following: (i) pertinent sections of the Declaration, Bylaws, Rules and Regulations, (ii) Contractors Regulations contained in this policy and guidelines, (iii) the cost of an independent review of legal counsel, architects, engineers or other pertinent consultants, on behalf of the Vaux COA, (iv) assumes responsibility for any and all damage caused by my/our construction to adjacent units, common areas,(v) agrees to the foregoing terms and certifies to owner’s best knowledge that this application and the material submitted in support of it are true and correct.