Damascus Twins

Key facts from Damascus Twins's documents

Community type

condominium (Paragraph (1) and passim)

Legal name

Damascus Twins

Developer / declarant

New Ventures, Inc., a Kentucky Corporation (Preamble)

Governing law

Kentucky Condominium Property Law, KRS 381.805 to 381.910 (Preamble and Paragraph (1))

Assessments & dues

Common expenses set by Council or Board (Paragraph (7) and (9))

Special assessments

By majority vote of Council for reconstruction when insurance insufficient (Paragraph (11))

Collections & liens

Unpaid common expenses constitute a lien on units, prior except taxes and first mortgage; enforcement after 30 days notice without waiving lien; Developer exempt before transfer (Paragraph (8))

Reserves & fees

Reserves maintained to cover future replacement costs and contingencies (Paragraph (7))

Pets

Yes, limited (Paragraph (14)(h))

Parking & vehicles

No trailer, boat, motorcycle, or recreational vehicle kept or parked on premises (Paragraph (14)(p))

Architectural approval

Yes, Developer/Board approval required for changes to common elements and exterior features (Paragraph (14)(m) and (14)(c), (f), (q))

Home business

Prohibited (Paragraph (14)(b))

Signs & flags

No 'For Sale' or 'For Rent' signs or advertising on property except as determined by Developer/Board (Paragraph (14)(c))

Maintenance

Association (common element) (Paragraph (4): general common elements i)

Use restrictions

Yes (Paragraph (10) and (14)(a))

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