Austin Gardens

Key facts from Austin Gardens's documents

Reflects the 2025 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Throughout, e.g., "Austin Gardens Condom)

Legal name

Austin Gardens Condominium Association, Inc. (Section 3(d): "a Kentucky non-profit cor)

Developer / declarant

AUSTIN GARDENS, LLC

Governing law

Kentucky Horizontal Property Law (KRS 381.805 to 381.910) originally; now Kentucky Condominium Act (KRS 381.9101 through 381.9207) (Section 1: "subjected to the regime esta)

Assessments & dues

Board of Directors recalculates annually based on Assessment Percentage Interest in Exhibit B; changes must be proportional (Section 6(a): "recalculated each year by)

Collections & liens

Unpaid common expenses and fines constitute a lien on the unit, prior to all other liens except first mortgage and tax liens. Association may foreclose in like manner as a mortgage. Lien secures late fees, interest, and attorneys' fees. (Section 7(b)(iii), (iv), (vii))

Reserves & fees

Association shall maintain reserves to cover future replacement costs and contingencies (Section 7(a): "reserves to be maintained)

Leasing & rentals

Generally prohibited; exception for immediate family members upon death of owner or move to assisted living; minimum 6-month lease (Section 9(m): "No unit shall be rented o)

Parking & vehicles

Permitted only up to 24 hours; any longer prohibited and subject to towing (Section 9(u): "No unit owner... shall be)

Fences

New fences must be vinyl that matches exterior of buildings, must be pre-approved. Existing wood/iron fences must be replaced with vinyl when repair needed. Owner responsible for maintenance/replacement. (Section 9(p))

Architectural approval

Yes, prior written consent of Board of Directors required for any alteration affecting common elements or other units (Section 3(h): "No alteration or improvem)

Insurance

Full replacement value insurance for Condominium Project including casualty, liability, and workers compensation (Section 11: "shall acquire full replacem)

Use restrictions

Yes, exclusively residential (Section 9: "All buildings and the units )

Voting & meetings

One vote per unit, divided equally (each unit has one vote regardless of size) (Section 6(d): "for purpose of voting, vo)

Amendments

Requires written consent of 67% of unit owners and holders of first mortgages with at least 51% of votes who have requested notice (if any). In this restatement, no mortgage approval was needed due to lack of requests. (Section 19(d) of original Declaration re)

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