Carrington Park

Key facts from Carrington Park's documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium Property Regime (horizontal property regime) (Declaration title, Recital A)

Units / lots

At original declaration: approximately 2 buildings, 56 residential units and 1 Office Unit. As amended, current Exhibit A shows 28 residential units (units 101-114, 201-214 in Building 9303) plus one Office Unit = 29 units; expansion rights (Section 2.4(a); Exhibit A)

Governing law

Kentucky Horizontal Property Law, Sections 381.805 through 381.910 of the Kentucky Revised Statutes (the "Act") (Declaration, introductory paragraph)

Assessments & dues

Not fixed; determined annually by the Board based on estimated Common Expenses (Section 7.2(a))

Special assessments

Allowed for reasonable purposes; may be levied against one Unit, a group, or all Units; if apportioned, method based on square feet unless unfair. (Section 7.2(c))

Collections & liens

All assessments, along with interest and costs, are a continuing lien on the Unit, enforceable by foreclosure; the Council may bring an action to foreclose. Lien has priority over subsequent encumbrances except real estate taxes and first m (Sections 7.1, 7.6, 7.7)

Reserves & fees

Yes, Council shall establish reserve funds for future capital improvements; funds held in separate account, disbursable only on written board authorization. (Section 7.2(a))

Leasing & rentals

Yes, but lease must be in writing, subject to Declaration, Bylaws, and Rules and Regulations. (Section 5.3)

Parking & vehicles

Prohibited. (Section 5.6)

Architectural approval

Yes, prior written consent of the Board required for any alteration or improvement that alters or affects Common Elements or other Units, including exterior changes. (Sections 5.4, 9.1)

Home business

Not explicitly permitted; residential-use restriction likely prohibits business other than the Office Unit. (Section 5.1(a))

Setbacks / home size

Observance of any setback lines affecting the Regime as shown on plans. (Section 6.3(e))

Maintenance

Roofs are part of Common Elements (Section 1.2(b)), therefore Council maintains. (Sections 1.2(b), 6.3(c))

Insurance

Council shall carry master policy for fire, extended coverage, vandalism, malicious mischief, liability insurance, and workers' compensation if required. (Section 8.1)

Use restrictions

All Units except one designated Office Unit shall be used only for single-family residential purposes. (Section 5.1(a))

Voting & meetings

One vote per Unit owned; if multiple owners, they must agree on how to cast the single vote; no split votes allowed (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.