Edgehill

Key facts from Edgehill's documents

Reflects the 1989 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

The Castlewood

Developer / declarant

Theodore E. Jackson, Jr. and Barbara Kearns Jackson

Governing law

Kentucky Horizontal Property Act (KRS 381.810 et seq.) (Master Deed Article I, Section 1.1 and S)

Assessments & dues

Council prepares and adopts annual budget; total common expenses assessed to unit owners in proportion to each unit's Common Element Interest; Limited Common Expenses assessed to benefited units in proportion (Bylaws Sections 5.1(b)(2), 5.1(c))

Special assessments

Allowed; levied by Council if reserves inadequate; payable in lump sum or installments; lien effective on first day of next month after 7 days' notice; also for fire reconstruction shortfall (Bylaws Sections 5.1(d), 7.2(b))

Collections & liens

Annual assessments are liens effective first day of fiscal year; special assessments become liens after 7 days notice; acceleration upon two consecutive missed installments; foreclosure by power of sale or court action; reasonable rental du (Bylaws Section 8.2)

Reserves & fees

Council shall build and maintain reasonable reserves for working capital, operations, contingencies, replacements; surplus budget amounts may be placed in reserve accounts (Bylaws Sections 5.1(d), 5.1(c) penultima)

Pets

Yes, but limited to small, orderly domestic pets (e.g., dogs, cats, caged birds) not to exceed one per unit without Council approval; not for commercial purposes or breeding; must be leashed or carried on common elements (Bylaws Section 5.8(a)(8))

Leasing & rentals

Yes, but subject to restrictions (Bylaws Section 5.8(a)(6))

Parking & vehicles

Trailers, campers, recreational vehicles, boats and other large vehicles may be parked only if expressly permitted by Rules and Regulations and in designated areas (Bylaws Section 5.8(a)(7))

Architectural approval

Council must respond to written request for approval within 45 days; failure to respond within 45 days constitutes consent (Bylaws Section 5.7)

Home business

Not explicitly addressed; only residential use mentioned; no specific prohibition on home businesses (Bylaws Section 5.8(a)(1))

Maintenance

Not explicitly stated, but roof is part of common elements (outside unit boundaries); thus Council responsible (Master Deed Article II, Section 2.2 (upp)

Insurance

Council shall obtain blanket 'all-risk' fire policy with extended coverage, etc. insuring entire Property (units and common elements, excluding owner's personal property) at 100% replacement cost; also liability insurance, fidelity coverage (Bylaws Article 6, Sections 6.2, 6.3, 6.4)

Use restrictions

Each unit shall be used only as a single family residence and for related common purposes; temporary non-residential uses allowed by Council (Bylaws Section 5.8(a)(1))

Voting & meetings

Based on Common Element Interest assigned in Master Deed; Majority Vote (more than 50% of interests actually voted at meeting with quorum) required for decisions unless greater number required (Bylaws Section 2.9(a) and (b); Section 1)

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