Gardens II of Glenmary Village

Key facts from Gardens II of Glenmary Village's documents

Reflects the 2010 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Gardens II of Glenmary Village

Developer / declarant

PBI BANK, INC. (First sentence of Master Deed)

Governing law

Kentucky Horizontal Property Law, Sections 381.805 through 381.910 (Introductory paragraph of Master Deed)

Special assessments

Council may levy special assessments for reasonable purposes; may be against one, group, or all units (Section 7.2(c) of Master Deed)

Collections & liens

Unpaid assessments become a continuing lien on the unit and personal obligation of owner; Council may foreclose lien as a mortgage (Sections 7.5 and 7.6 of Master Deed)

Reserves & fees

Council shall include reserve funds to help defray cost of future capital improvements (Section 7.2(a) of Master Deed)

Signs & flags

Prohibited in Common Elements without prior written consent (Section 5.4(f) of Master Deed)

Insurance

Unit owner must insure contents, interior improvements, and obtain comprehensive personal liability insurance of at least $300,000 initially (Section 8.7 of Master Deed)

Voting & meetings

One vote per unit, weighted in proportion to the undivided percentage of common interest appurtenant to that unit (Section 6.1 of Master Deed)

Amendments

Developer may amend during control period; otherwise amendments by Council probably per Act (Section 2.4(b) and Section 6.2 of Master)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.