Westport Ridge

Key facts from Westport Ridge's documents

Reflects the 1997 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Residential condominium project created under the Horizontal Property Law (Master Deed: "declarant wishes to create)

Legal name

Westport Ridge Condominiums

Units / lots

Condominium project may include up to 41 units; 8 built at First Amendment, 20 at Fourth Amendment, 26 at Fifth Amendment, 28 at Sixth Amendment, and 37 at Seventh Amendment (Master Deed Article II(A); amendments Se)

Developer / declarant

Alfresco Homes, Inc., a Kentucky corporation, with address 2309 Watterson Trail, Louisville, Kentucky 40299 (Master Deed preamble; amendment preamble)

Governing law

Horizontal Property Law of the Commonwealth of Kentucky, KRS 381.805 to KRS 381.910 (Master Deed preamble, Article I referenc)

Assessments & dues

Each unit owner's share of common expenses and common surplus equals the undivided percentage interest in common elements shown on Exhibit B; water and sewer bills for limited/common elements are assessed equally per benefited unit, with ex (Master Deed Article V(A), V(B))

Special assessments

Cost of alterations/improvements to common elements exclusively or substantially for the benefit of requesting unit owners may be assessed against those owners in a fair and equitable proportion determined by the board (Master Deed Article II(G))

Collections & liens

Unpaid common expenses are a lien against the unit and the owner's interest, junior only to first mortgage and tax liens; after 30 days' default the council may sue to collect and foreclose the lien like a mortgage, including costs and reas (Master Deed Article V(D), V(G))

Reserves & fees

During the declarant's marketing interval, the board may not, without declarant consent, assess charges for reserve creation/addition/replacement that would increase the reserve/surplus/contingency fund above the proportion that reserves in (Master Deed Article VI(F)(3), V(A))

Leasing & rentals

Tenancy is contemplated; the board may limit use of common elements to unit owners, their guests, permitted tenants, and invitees (Master Deed Article II(E))

Parking & vehicles

Two automobile parking spaces directly in front of each unit are limited common elements; other parking spaces are general common elements available to all unit owners, tenants, and guests subject to reasonable board restrictions (Master Deed Article IV(A), IV(C))

Architectural approval

The board of directors shall answer a written request for alteration/improvement consent within 30 days (Master Deed Article II(G))

Signs & flags

Declarant may erect and store signs and billboards within unsold units and distribute promotional materials in and around the project; no other signage rules are specified (Master Deed Article II(D))

Maintenance

The council is responsible to maintain, repair, or replace the roofs of the buildings (Master Deed Article II(E)(1))

Insurance

Council insures all buildings, common elements, and improvements up to maximum insurable replacement value (excluding foundation/excavation costs); coverage includes fire and extended coverage, vandalism/malicious mischief, earthquake, and (Master Deed Article VIII(B))

Use restrictions

Each unit (except unsold units used by declarant as sales office/model) shall be occupied as a residence by one family only and used for no other purpose (Master Deed Article II(D))

Voting & meetings

A unit owner's decision on any matter is expressed by the same person who would cast the owner's vote at a council meeting, unless joinder of all unit owners of record is required (Master Deed Article VI(G))

Amendments

During declarant control, board may not amend condominium documents without declarant prior written consent; declarant may unilaterally amend if it does not alter non-declarant units' common-element interests, increase their common-expense (Master Deed Article VI(F), II(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.