Whipps Mill Woods

Key facts from Whipps Mill Woods's documents

Reflects the 1985 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Submitted to Kentucky Condominium Law KR)

Legal name

Whipps Mill Woods

Units / lots

Not more than 80 habitable units (Phase 1: 36 units) (Master Deed p.1: 'not more than 80 habit)

Developer / declarant

THE CUMBERLAND FEDERAL SAVINGS AND LOAN ASSOCIATION (Master Deed p.1; Addendum p.1)

Governing law

Kentucky Condominium Law KRS 381.805 to .910 (as amended) (Master Deed p.1: 'provisions of the Kent)

Assessments & dues

Board assesses common expenses; common expenses defined broadly (Master Deed p.8: 'all sums assessed for )

Special assessments

Yes, for acquisition of units under option (Paragraph 13(j)); also for reconstruction borrowing (Master Deed p.12: 'Board shall levy a sp)

Collections & liens

Unpaid common expenses constitute a lien on the unit, prior except for ad valorem taxes and first mortgage liens; 30 days' written notice of intention to sue to enforce lien; suit for money judgment maintainable without judicial lien enforc (Master Deed p.8-9: 'All sums assessed fo)

Reserves & fees

Common expenses include 'reserves to be maintained to cover future replacement costs and contingencies' (Master Deed p.8: 'reserves to be maintai)

Pets

Dogs under 16 pounds, cats, or other household pets may be kept subject to Board rules; not to be kept for commercial purposes (Master Deed p.15: 'dogs, under sixteen p)

Leasing & rentals

Yes, with restrictions: 15 days' prior written notice to Council; Board has first right to lease for 30 days; Council may not exercise option without 75% unit owner consent (Master Deed p.11-12: 'fifteen (15) days')

Parking & vehicles

Carports used for automobiles only; other usage requires written permission of Board; no washing, waxing, or repairing of automobiles on premises without consent (Master Deed p.6: 'Carports shall be used)

Home business

Prohibited (Master Deed p.14: 'No industry, business)

Use restrictions

Buildings and units restricted exclusively to single-family residential use (Master Deed p.9: 'The buildings and the )

Voting & meetings

Each unit owner is a member of the Council; voting percentage tied to percentage interest in common elements (likely), though not explicitly stated (Master Deed p.17: 'Each unit owner or ow)

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