James Place

Key facts from James Place's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

St. James Place Condominiums

Units / lots

Seventy-Two (72) units (Article II(A))

Developer / declarant

JDK PROPERTIES OF KENTUCKY, LLC

Governing law

Horizontal Property Law of the Commonwealth of Kentucky, KRS 381.805 to KRS 381.910 (WHEREAS paragraph)

Assessments & dues

Pursuant to the Bylaws; each unit owner bears same percentage as undivided interest in common elements. (Article V(A))

Reserves & fees

Assessments paid on or before 10 days after due date bear no interest; after 10 days, interest at rate provided in Bylaws. (Article V(B))

Signs & flags

Not explicitly restricted in Master Deed, but exterior changes (including colors) require prior written consent of Board of Directors. (Article II(F) - any change to exterior c)

Maintenance

Council responsible for maintenance and repair of roofs. (Article III(F)(1))

Insurance

Council shall insure buildings and common elements for maximum insurable replacement value (excluding foundation and excavation) against fire, extended coverage, vandalism, malicious mischief, earthquake, plate glass. Also public liability (Article VIII(B))

Use restrictions

Residential condominium project. (WHEREAS paragraph)

Amendments

Master Deed may be modified by Declarant pursuant to Article VI(F) (during marketing interval) or by instrument signed by each unit owner of record and Declarant if required, or by vote of greater than 50% interest in common elements at mee (Article XIII)

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