Bluejay

Key facts from Bluejay's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

The Bluejay Condominiums

Developer / declarant

Cobblestone Properties, LLC

Governing law

Kentucky Revised Statutes 381.805 through 381.910 (WITNESSETH paragraph and Section A)

Assessments & dues

Board determines estimated Common Expenses annually subject to Council approval; each unit owner contributes proportionate share based on common interest percentage (Section J)

Collections & liens

Unpaid Common Expenses constitute a lien on the unit, prior to all liens except taxes and first mortgage; enforcement by suit with 30 days written notice to all interest holders including mortgagees (Section L)

Reserves & fees

Capital Replacement Fund may be established for major capital improvements; Board may invest in insured securities, mutual funds, or savings accounts (Section R)

Architectural approval

Any replacement or repair that affects the exterior appearance of any condominium unit or building shall require prior approval of the Board (Section A5)

Use restrictions

Unit shall be used only for residential purposes, shall not be subdivided (Section G1)

Voting & meetings

Majority means more than 50% of unit owners; joint owners may cast single vote or divided; proxies allowed (Section U)

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