Sawyer Place

Key facts from Sawyer Place's documents

Reflects the 1997 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (WHEREAS)

Governing law

Horizontal Property Law of Kentucky (KRS 391.805-381.910) (Recital paragraph)

Special assessments

Allowed; cost of alterations/improvements to Common Elements may be assessed to unit owner(s) if solely for their benefit, per Board discretion. (Art. III.G)

Reserves & fees

Recommended for capital expenditures (roof replacement, road resurfacing, etc.), but not mandatory. May be included in annual budget. (Art. I, §6 (Common Expenses: last senten)

Leasing & rentals

Yes, with right to lease unit; written notice of lease, identity of lessee, and term to be disclosed to Council prior to commencement. (Art. XI.A)

Use restrictions

Each Unit (except one unsold used as sales office/model) shall be occupied as a residence by one family only. No industry, trade, business, occupation or profession permitted. Home office/library incidental to residency allowed but no custo (Art. II.D)

Amendments

May be modified by (i) Declarant during control period; (ii) instrument signed by each Unit Owner (and Declarant if required); or (iii) vote of greater than 50% interest in Common Elements at a duly called meeting after notice to all Unit O (Art. XIV.A)

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