Brookshire Village (KY)

Key facts from Brookshire Village (KY)'s documents

Reflects the 2003 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (horizontal property regime) (Document title and Section 1)

Units / lots

At least 22 units based on original 4 plus amendments adding units 35-40 (Third), 5-6 (Sixth), 27-30 (Eighth), 7,8,9,10,10A,10B (Ninth); actual total not stated (Original: 'four (4) units'; Second: 'Uni)

Developer / declarant

WEST-EDELEN DEVELOPMENT CORPORATION, a Kentucky Corporation (First paragraph of Declaration; also rec)

Governing law

Kentucky Horizontal Property Law (KRS 381.810 et seq.) (Recitals; Sections 1, 8, 10, 11)

Assessments & dues

Pursuant to bylaws; each unit owner pays proportionate share of common expenses equal to undivided interest in common elements (Section 7(b)(1))

Collections & liens

Unpaid common expenses constitute a lien on the unit; Council may foreclose in like manner as a mortgage; lien superior to all except first mortgage and tax liens; first mortgagee foreclosure not liable for prior assessments (Section 7(b)(ii)-(v))

Reserves & fees

Minimum of $3,000.00 required in a bank account when Association turned over to unit owners (Section 8: 'At the time the Association )

Pets

Dogs, cats, caged birds, or other customary household domestic pets allowed provided not kept for commercial purposes (Section 9(e): 'this shall not prohibit t)

Leasing & rentals

Any owner may lease a unit, subject to conditions (Section 9(s))

Parking & vehicles

Junked or immobile vehicle not permitted (Section 9(j))

Use restrictions

All buildings and units are restricted exclusively for residential purposes (Section 9: 'All buildings and the units )

Voting & meetings

Each unit owner is a member of the Council; voting not detailed in this document (referenced to bylaws) (Section 3(d): 'Each unit owner shall be )

Amendments

Master Deed contemplates amendments from time to time as units completed; specific amendment procedure not detailed here; amendments must be recorded; common elements cannot be mortgaged or conveyed without consent of at least 2/3 of lot ow (Recitals of amendments; Section 4 (commo)

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