Woodbourne

Key facts from Woodbourne's documents

Community type

Condominium

Legal name

Woodbourne Condominiums

Developer / declarant

Woodbourne Investments, a Kentucky Limited Partnership, composed of JAMES MICHAEL EDELEN, Sole General Partner (Master Deed, opening paragraph)

Governing law

Kentucky Horizontal Property Law, Sections 381.805 through 381.910 (Master Deed, Recitals)

Collections & liens

Assessments, fines, expense reimbursements constitute a lien on the unit enforceable as a mortgage (2005 amendment, page 14)

Reserves & fees

10% of amount overdue if unpaid after 10 days from due date (Master Deed, Twelfth article (original) )

Pets

One normal domestic household pet per unit, except dogs require written consent of Board (Master Deed, Nineteenth article)

Use restrictions

Implied from description of units as single-family dwelling units (Master Deed, Second article)

Voting & meetings

Presence in person or by absentee ballot of over 50% of all owners, counted by percentage of ownership (Absentee ballot in 2005 amendment)

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