Condo Association Management Blog

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"Condomnium Act Kentucky" You'll find your answer in yourn state law/ I would exoect that you shall find that the attached garages have to be included in any calculations determining the condominium fee. The attached garages must be owned by the unit owner and the area of the garage must be ibncluded in the calculation of determining that ubit owners % of ownership in your council of unit owners.Not to do so would be a violation of your state law and manig=festlinequitable for non garage unit owners absorbing costs for maintenance of another unit owners garage.

Each state has its own laws or Acts that cover condominiums. The documentation for the condominiums can vary state by state, but there are some constants. First, you need to inspect what is typically referred to as the Master Deed in some states or the Covenenants, Conditions and Restrictions in others. These will tell you the values that the units have in relation to assessments. They must add up to 100%. If units are basically the same, they often will all have equal value. If unit have some big variance (garages/no garages, waterfront vs. inland, size, etc.) then they will typically have different values, which is referred to as "percentage of value". This also makes a difference often in voting for directors, because those with a larger value (a bigger stake) will have a greater say in the organization. It is not too dissimilar to owning stock.

I doubt the answer will be in your state laws; however it most definitely should be in your CCRs (covenants). Look under assessments. In condo assns oftentimes the assessments are based upon sq footage of units, but it may also be equally assessed for every unit.