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3.2 Basis for A royal. The Declarant shall base <br />its approval (or d sapproval) on considerations which <br />shall include among other things: (i) the adequacy of <br />Site dimensions (a minimum lot size of one-half (1/2) <br />acre will be required unless otherwise approved by Declarant <br />in writing), (ii) conformity and harmony of external design <br />with adjoining Sites, (iii) the nature of improvements <br />on adjoining Sites, (iv) the types of operations and uses <br />thereof, (v) relation of topography, grade and finish <br />ground elevation of the Site being improved to that of <br />the adjoining Sites, (vi) proper facing of main elevation <br />with respect to nearby streets, (vii) adequacy of screening <br />of mechanical air conditioning or other rooftop install- <br />. ations, and (viii) conformity of the plans and specifications <br />to the purpose, general plan and intent of this Declaration. <br />Declarant shall not arbitrarily or unreasonably withhold <br />its approval of such plans and specifications. <br />3.3 Presumptive Approval. If Declarant fails either <br />to approve or disapprove such plans and specifications <br />within thirty (30) days after the same have been submitted <br />to it, it shall be conclusively presumed that Declarant <br />has approved said plans and specifications. If within <br />said thirty (30) day period Declarant gives written notice <br />of the fact that a reasonable additional period is required <br />for the approval of such plans and specifications, there <br />shall be no presumption that the same are approved until <br />the expiration of the extended period set forth in said <br />notice. Such presumptive approval of plans and specifications <br />shall be subject to all the restrictions set forth in <br />this Declaration. <br />3.4 E~sto~pel Certificate. Within thirty (30) days <br />after written ~eman~is delivered to and upon payment <br />of a reasonable fee established by Declarant, Declarant <br />shall execute and record an Estoppel Certificate which <br />certifies to Declarant's knowledge as of the date thereof <br />that either (i) all Improvements made or other work done <br />on or within a Site comply herewith, or (ii) such Improvements <br />or work do not so comply, in which event the certificate <br />shall identify the noncomplying Improvements or work and <br />set forth with particularity the reasons for such non- <br />compliance. Any lessee, purchaser or encumbrancer in <br />good faith for value shall be entitled to rely on such <br />a certificate with respect to the matters set forth therein, <br />such matters being conclusive as between the Declarant <br />and all such subsequent parties in interest. <br />3.5 Liability. Declarant shall not be liable for <br />any damage, loss, or prejudice suffered or claimed on <br />account of (i) the approval or disapproval of any plans, <br />drawings and specifications whether or not defective, <br />(ii) the construction or performance of any work whether <br />or not defective, (iii) the construction or performance <br />of any work whether or not pursuant to approved plans, <br />drawings and specifications, and (iv) the development of <br />any property within the Property, or (v) the execution <br />and filing of an Estoppel Certificate pursuant to the <br />