Condominium Termination KRS 381.9157

The document requires:
•    A condominium may be terminated only by agreement of unit owners of units to which at least eighty percent (80%) of the votes in the association are allocated.
•    The termination agreement shall specify a date after which the agreement will be void unless it is recorded before that date.  
•    The name of the condominium which shall include the word "condominium" or be followed by the words "a condominium,"
•    Name of the association
•    Book and Page of the initial Declaration
•    Name of every county in which any part of the condominium is situated
•    A legal description
•    Must be signed by all unit owner
•    Signatures must be acknowledged
•    Preparation Statement  (KRS 382.335)
•    The clerk shall request a return mail address.  (KRS 382.240)

A termination agreement and all ratifications thereof shall be recorded in every county in which a portion of the condominium is situated, and is effective only upon recordation.

Fee Schedule