Mcgee Manor

Key facts from Mcgee Manor's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

McGee Manor

Units / lots

11 units (Exhibit B lists 11 units (Building 1: 5 )

Developer / declarant

Nahum Properties, LLC (Developer: Nahum Properties, LLC (DOC 11)

Governing law

KRS 381.810 (Definitions reference KRS 381.810(7) and)

Assessments & dues

Determined by Board; Developer and builders not assessed; assessment period Jan 1 - Dec 31 (Art. II Sec. 4 (DOC 119831, p.4))

Special assessments

Additional assessments for units with privacy fences (Sec 13(b) referenced) (Art. II Sec. 4 (DOC 119831, p.4))

Collections & liens

Assessment constitutes a lien upon the unit, subordinate to first mortgage or vendor's lien, enforceable by foreclosure (Art. II Sec. 3 (DOC 119831, p.4); First )

Reserves & fees

A reserve shall be included in the Common Expense budget for capital expenditures (Definition of Common Expenses (DOC 11983)

Pets

Dogs, cats, other household pets (traditionally recognized) allowed; no livestock or poultry (Art. III Sec. 5 (DOC 119831, p.8))

Leasing & rentals

Allowed after 2007 amendment removing occupancy restriction; individual units may be rented to third parties in compliance with all other terms (DOC 121782 (p.1) amending Art. III Sec. )

Fences

Additional assessments for units with privacy fences (Sec 13(b)); no doghouses, tie outs, cages in backyard (Art. II Sec. 4 (privacy fence); Art. III)

Architectural approval

Construction, landscaping, elevation plans must be approved in writing by Developer or assignee (Art. III Sec. 2 (DOC 119831, p.7))

Signs & flags

One sign for sale max 9 sq ft; Developer may erect larger signs; occupant name signs, street numbers allowed; no other signs (Art. III Sec. 12 (DOC 119831, p.9))

Setbacks / home size

Not to exceed one and one-half stories (Art. III Sec. 1 (DOC 119831, p.7))

Maintenance

Unit owners responsible for plumbing, HVAC, electrical, hot water heater, etc. (even if in common elements); Association responsible for common elements (maintenance, repair, replacement) as part of Common Expenses (Definition of Unit (DOC 119831, p.2); Co)

Insurance

Fire and extended coverage, vandalism, malicious mischief, liability insurance minimum $500,000 per occurrence; Workers' Comp if required (Art. II Sec. 9 (DOC 119831, p.5-6))

Voting & meetings

Class A: one vote per unit owned; Class B: Developer ten votes per unit owned (Art. II Sec. 6 (DOC 119831, p.4-5))

Amendments

Originally: Developer may amend while owns lots; after all lots transferred, 100% unit owner consent. Amended (2010) to: 67% of total allocated owners' interest; material amendments also require 51% mortgagee approval (per First Amendment a (Art. III Sec. 23 (DOC 119831, p.11); ame)

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