Upper Hunters

Key facts from Upper Hunters's documents

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

Community type

Condominium

Legal name

Upper Hunters Condominiums

Developer / declarant

Upper Hunters, LLC

Governing law

Kentucky Horizontal Property Law, K.R.S. 381.005 through 381.910, as amended (Preamble: "in the manner provided by the)

Assessments & dues

Board estimates common expenses for the next year, subject to approval of majority of Council at meeting with quorum, then determines portion for each unit and collects 1/12 monthly. If no determination, previous year's assessments remain. (Section J.3: "The Board shall, subject t)

Special assessments

Board (or Developer before control transfer) may levy and collect appropriate special assessments. (Section J.1: "Developer, prior to relinq)

Collections & liens

Unpaid common expenses constitute a lien on units, prior to all liens except taxes and first mortgage liens. Lien may be enforced by suit, with 30 days written notice. Council may bid at judicial sale, acquire, hold, lease, mortgage, convey (Section L: "All sums assessed for Common)

Reserves & fees

A portion of each monthly maintenance fee as determined by Board (or Developer) shall be deposited in a separate reserve and capital replacement fund. Fund deposited in insured institution, withdrawals require two signatures. Disbursements (Section J.4: "A portion of each monthly )

Leasing & rentals

Yes, but maximum lease term of one year, lease must be in writing, renewals only on year-to-year basis. (Section F.4: "No Unit may be leased for )

Insurance

Insurance may contain a deductible amount determined by the Board. (Section N.1: "such insurance may contain)

Use restrictions

Units shall be used only for residential purposes. (Section F.1: "The Unit shall be used onl)

Voting & meetings

Voting based on percentage of common interest. 'Majority' means owners of >50% of percentage of common interest of those present with a quorum. Joint owners may cast vote without proxy; if disagree, vote divided per ownership interest. Writ (Section O: Voting and Voting Percentages)

Amendments

May be amended by signatures of 75% of unit owners, effective upon recording of signed instrument setting forth amendment. (Section P: "this Master Deed may be amen)

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