Bates Court

Key facts from Bates Court'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 Bates Court Condominiums

Developer / declarant

Cobb Homes, LLC (Preamble)

Governing law

Kentucky Horizontal Property Law KRS 381.805 to 381.910 (Preamble)

Collections & liens

All sums assessed for common expenses constitute a lien on the units, prior to all other liens except ad valorem taxes and first mortgage lien. Lien arises automatically; may be enforced by legal action with 30 days written notice. (Article 9(a))

Reserves & fees

Common expenses include reserves to be maintained to cover future replacement costs and contingencies (Article 8(e))

Leasing & rentals

Leasing is implicitly allowed; tenant cannot adversely impact parking ratio as established by Developer or Board (Article 17(i))

Parking & vehicles

Parking limited to marked parking spaces. No parking on streets or other common areas. Council may have vehicle removed at owner's expense. (Article 17(j))

Maintenance

Roofs are general common elements; maintenance and repair responsibility is Council's (Article 5 (roofs listed as general commo)

Insurance

Council shall acquire 100% full replacement value insurance for hazard, flood, casualty, liability, and employee workmen's compensation (Article 12(a))

Voting & meetings

Each unit owner owns an undivided interest in common elements based on percentage; voting is by percentage of common interest (Article 7 (percentage interests) and Art)

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