All lease agreements with respect to any Lot or any Structure located thereon shall be in writing and submitted to the Board of Directors of the Association for approval. The minimum term of all lease agreements shall be for one (1) year, and shall state therein that the lease agreement shall be subject to this Declaration, the Articles of Incorporation, and By-Laws of the Association. Current copies of any lease (and any lease extensions) must be supplied to the Association. A Record Owner who does not reside on their Lot must provide to the Association their current address and phone number information.