Spring Castle

Key facts from Spring Castle's documents

Reflects the 2009 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium ("Spring Castle Condominiums" and referen)

Legal name

Spring Castle Condominiums

Developer / declarant

Highland Development Group Partners III, LLC

Governing law

Kentucky Horizontal Property Law, KRS 381.805 to 381.910 (Para 1 and definition (iv))

Assessments & dues

Not fixed; determined by Council/Board as common expenses (Para 8: common expenses definition)

Special assessments

Yes, for casualty (Para 13(f)) and eminent domain (Para 14(a)) (Para 13(f) and 14(a))

Collections & liens

Unpaid common expenses constitute a lien on the unit, prior to all other liens except ad valorem taxes and first mortgage. Lien arises automatically. 30 days written notice required before suit to enforce. Lien not extinguished by sale exce (Para 9(a))

Reserves & fees

Common expenses include reserves to cover future replacement costs and contingencies (Para 8(e))

Pets

Yes, but no pet weighing more than 60 pounds (Para 17(k))

Leasing & rentals

Yes, implied (paragraph 17(j) addresses tenants); restrictions may be added by amendment (Para 17(j) and Para 23(b)(10))

Parking & vehicles

Assigned parking spaces as shown on Exhibit A; unit owners may purchase exclusive right to use; that right may be transferred independently but only to a unit owner (Para 6(f))

Architectural approval

Written consent of Developer and/or Board required for alterations to common elements, signs, awnings, satellite dishes, and any changes to exterior of units (Para 17(e) and 17(i))

Maintenance

Roof is general common element; Council responsible (Para 5 (list includes roofs))

Use restrictions

Yes (Para 11 and 17(a))

Voting & meetings

Each unit owner votes according to percentage interest in common elements (implied by allocation of % interest for all purposes) (Para 7(a): "% INTEREST" and Para 13(c)(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.