Los Arboles

Key facts from Los Arboles's documents

Reflects the 1999 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Title and recitals refer to 'Condominium)

Legal name

Los Arboles Condominiums Council of Co-Owners, Inc.

Governing law

Kentucky Condominium Property Law KRS 381.805 to .910 (Page 1: 'provisions of the Kentucky Cond)

Special assessments

Permitted; Board may levy for acquisitions under Section 14(j); also for capital needs (Section 14(j): 'Board shall levy a speci)

Collections & liens

Common expense assessments constitute a lien on units, priority over all but ad valorem taxes and first mortgages; enforceable by legal action. Foreclosure proceedings permitted after 90 days unpaid (bylaws amendment). Violation of declarat (Section 9: 'All sums assessed for common)

Reserves & fees

Yes, required to be maintained for future replacement costs and contingencies (Section 8: 'all expenses for the repayme)

Leasing & rentals

Originally allowed with 30-day notice and right of first refusal; but 2016 amendment prohibits leasing/renting effective recording date, with exception for existing leases and certain family transfers. Later 2018 amendment appears to restor (2016 Amendment: 'Effective as to the dat)

Architectural approval

Yes, for alterations to common elements and limited common elements; also for signs, window treatments, and changes to exterior (Section 16(i): 'Nothing shall be altered)

Maintenance

Council maintains common elements; unit owner maintains unit and limited common elements (except expenses covered as common expenses). Limited common elements maintenance and repair expenses paid by benefited owner unless covered by common (Section 6 (original): 'All expenses of m)

Insurance

Full replacement value insurance for the Condominium regime, including casualty, liability, and employee workmen’s compensation insurance (Section 12: 'The Council ... shall acqui)

Use restrictions

Prohibited; no noxious or offensive activity or anything that may become an annoyance or nuisance (Section 16(f): 'No noxious or offensive )

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