Baringer Avenue

Key facts from Baringer Avenue's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (WITNESSETH)

Legal name

2160 Baringer Avenue Condominiums Council, Inc.

Developer / declarant

James Boland Co., LLC

Governing law

Kentucky Horizontal Property Law, Sections 381.805 through 381.910 (WITNESSETH)

Assessments & dues

Determined annually by Board; no fixed amount. (Section 7.2(a))

Special assessments

Council may levy special assessments for reasonable purposes; can be against one unit, group, or all; apportionment based on square feet unless unfair. (Section 7.2(c))

Collections & liens

Unpaid assessment becomes a continuing lien on the Unit; may be foreclosed like a mortgage; lien priority over subsequent encumbrances except taxes and first mortgages. (Sections 7.1, 7.6, 7.7)

Reserves & fees

Council shall include reserves for future capital improvements in regular assessments; funds held in separate account in name of Council. (Section 7.2(a)-(b))

Leasing & rentals

Leases allowed but must be in writing, subject to Declaration, Bylaws, and Rules; copy of lease (rent may be redacted) must be delivered to Board. (Section 5.3)

Parking & vehicles

Three garage Limited Common Elements (Parking G-1, G-2, G-3) allocated per deed; initial allocation: two to one unit, one to the other; can be changed by deed between owners. (Section 1.3(h))

Use restrictions

Unit shall be used only for single-family residential purposes. (Section 5.1)

Voting & meetings

Each Unit has one vote, not by percentage interest; if multiple owners of a unit, vote cannot be split; if deadlock, no vote allowed. (Section 6.1)

Amendments

Declaration may be amended by majority of Unit owners, effective upon recording. (Section 11.2)

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