Rosewood Pointe

Key facts from Rosewood Pointe's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Article I Definitions; horizontal proper)

Legal name

Rosewood Pointe Condominiums

Developer / declarant

John R. Smith and Mary B. Smith

Governing law

Kentucky Horizontal Property Law, KRS 381.805 through 381.910 (PAGE 1, Preamble)

Assessments & dues

Determined by Board; not fixed in document. Initial percentage per unit in Exhibit A. (Section 7.1, 7.2; Exhibit A)

Special assessments

Council may levy special assessments for reasonable purposes; apportioned based on square feet unless unfair; can be against one unit or group (Section 7.2(c), PAGE 10-11)

Collections & liens

Assessment becomes a continuing lien on Unit; can be foreclosed; lien priority subordinate to taxes and first mortgages recorded before notice; Council may recover costs (Section 7.1, 7.6, 7.7, 7.13(d), PAGE 9-1)

Reserves & fees

Council shall include reserve funds for future capital improvements in regular assessment; held in separate account in name of Council (Section 7.2(a), PAGE 10)

Leasing & rentals

Yes, with written lease subject to Declaration, Bylaws, Rules; copy of lease (rent may be redacted) to be delivered to Board (Section 5.3, PAGE 7)

Architectural approval

Yes; prior written approval of Developer or Board for fences, patios, walls, pools, antennas, satellite dishes, outbuildings, sheds, or any other structure or placement in Common or Limited Common Elements (Section 5.4, PAGE 7)

Signs & flags

Not specifically addressed; Section 5.4 prohibits structures/placements without prior written approval (may include signs) (Section 5.4, PAGE 7)

Setbacks / home size

Council shall observe any setback lines affecting the Regime as shown on plans (Section 6.3(e), PAGE 9)

Maintenance

Council (Common Elements) includes roofs; Section 1.2(b): roofs part of Common Elements (Section 1.2(b), PAGE 2)

Use restrictions

Yes; units shall be used only for single-family residential purposes (Section 5.1, PAGE 6)

Voting & meetings

One vote per unit; if multiple owners, vote as they determine but cannot split; no vote if owners disagree (Section 6.1)

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