Woodlands (KY)

Key facts from Woodlands (KY)'s documents

Community type

Condominium (Magnolia); Subdivision HOA (Woodlands) (Magnolia Master Deed title; Woodlands De)

Units / lots

18 (Magnolia); 8 lots (Woodlands) (Magnolia Master Deed Art. I; Woodlands D)

Developer / declarant

Holy Angels Development, LLC (opening paragraph)

Governing law

Kentucky Revised Statutes 381.805 through 381.910 (Magnolia); Not specified for Woodlands (Magnolia Master Deed WHEREAS)

Age restriction

Not present in either document

Assessments & dues

Determined by Board based on annual budget; payable monthly (Magnolia). Not specified for Woodlands (Magnolia Master Deed Art. XVI N, R)

Special assessments

Board may levy special assessment if budget inadequate; must give written notice (Magnolia). Not specified for Woodlands (Magnolia Master Deed Art. XVI R.2)

Collections & liens

Unpaid assessments become a lien on the unit, superior except for taxes and first mortgages; foreclosure allowed (Magnolia). Not specified for Woodlands (Magnolia Master Deed Art. VII B, XVI T)

Reserves & fees

Board shall build and maintain a reasonable reserve for contingencies and replacements (Magnolia). Not specified for Woodlands (Magnolia Master Deed Art. XVI R.2)

Pets

Yes, dogs, cats, and other domestic pets allowed, but must not disturb others; must be leashed; owners clean up; no grooming in common areas (Magnolia). Woodlands: not addressed (Magnolia Master Deed Art. XVII N)

Leasing & rentals

Leasing allowed; first mortgagee may lease; background/credit must be provided for approval (Magnolia). Woodlands: not addressed (Magnolia Master Deed Art. XI B)

Parking & vehicles

18 numbered parking spaces (LL1 to 209) as limited common elements; other parking first-come-first-served; no parking in manner impeding access; no inoperable vehicles; no repairs in parking spaces; obey parking regulations (Magnolia). Wood (Magnolia Master Deed Art. I.A.2.a, XVII )

Architectural approval

Prior written permission of Board required for modification of doors/windows, alteration of limited common elements (Magnolia). Woodlands: not addressed (Magnolia Master Deed Art. I.A.1.b, I.A.2)

Home business

Prohibited (Magnolia). Not specified for Woodlands (Magnolia Master Deed Art. XVII B)

Maintenance

Unit owner: interior surfaces, windows, doors, heating/AC unit, water heater, appliances, unit-specific pipes/ducts. Association: common elements, structural repairs, limited common element structural repair (terraces), general common eleme (Magnolia Master Deed Art. I.A.1.c, I.A.1)

Insurance

Insurance on the Condominium Project in amount equal to full replacement value, extended coverage, public liability ($1M/$2M/$1M), worker's compensation (Section VIII.A)

Use restrictions

Each unit for single-family residence only; no business, commercial, or religious use (Magnolia). Woodlands: similar intent but incomplete (Magnolia Master Deed Art. XVII A-B; Wood)

Voting & meetings

Based on percentage of undivided ownership of Common Elements; if co-owned, vote exercised as one (Magnolia). Not specified for Woodlands (Magnolia Master Deed Art. XVI A)

Amendments

Master Deed: 90% of unit ownership (based on common interest) consent. Bylaws: 66.667% consent. No amendment can affect unit ownership without unit owner consent (Magnolia). Woodlands: not addressed (Magnolia Master Deed Art. XII A)

Amenities

Not specifically listed beyond common areas; elevator, hallways, lobbies, parking, storage lockers, terraces/patios (Magnolia). Woodlands: common area Lot 9 (incomplete) (Magnolia Master Deed Art. I; Woodlands D)

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