Rolling Hills (KY)

Key facts from Rolling Hills (KY)'s documents

Reflects the 1991 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

ROLLING HILLS CONDOMINIUM

Developer / declarant

DERON A. DOBBS and LUCILLE H. DOBBS

Governing law

Kentucky Horizontal Property Law, KRS 381.808 through 381.910, as amended (Master Deed FIRST)

Special assessments

Council may levy special assessments for common expenses (Master Deed) and for insurance shortfall after casualty (By-Laws Art. V Sec. 7). (Master Deed FOURTEENTH; By-Laws Art. V S)

Collections & liens

Assessments constitute a lien on unit, enforceable by foreclosure same as mortgages under Kentucky law. Lien inferior only to real estate taxes and prior recorded mortgages. (Master Deed FOURTEENTH; By-Laws Art. IV )

Reserves & fees

10% of amount overdue if unpaid after 10 days from due date. After 30 days, entire assessment for next 12 months becomes due and payable. (Master Deed FOURTEENTH)

Leasing & rentals

Yes, with lease in writing requiring tenant compliance with governing documents. Council may terminate lease and evict for tenant default. (By-Laws Art. IV Sec. 8)

Architectural approval

Prior written consent of Council required for any structural addition, alteration or improvement, and for alterations to water, gas, heating, electrical, plumbing, air conditioning systems. (By-Laws Art. IV Sec. 16 (Alterations par)

Maintenance

Council – part of general common elements (foundation, roof, chimneys, etc.) (Master Deed THIRD (b)(ii))

Voting & meetings

Percentage basis based on individual percentage interest assigned to each unit in Master Deed Paragraph FOURTH. Units owned by multiple persons: collectively entitled, must designate one person in writing. No co-owner eligible for office if (By-Laws Art. II Sec. 2)

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