KRS 381.9191: Assessments for common expenses.

(1) Until the association makes a common expense assessment, the declarant shall pay

all common expenses. After any assessment has been made by the association,

assessments shall be made at least annually and based on a budget adopted at least

annually by the association.

(2) Except for assessments under subsections (3), (4), and (5) of this section, all

common expenses shall be assessed against all the units in accordance with the

allocations set forth in the declaration pursuant to KRS 381.9137(1). Any past d ue

common expense assessment or installment thereof shall bear interest at the rate

established by the association not exceeding eighteen percent (18%) per year.

(3) To the extent required by the declaration:

(a) Any common expense associated with the maintenance, repair, or replacement

of a limited common element shall be assessed against the units to which that

limited common element is assigned, equally, or in any other proportion that

the declaration provides;

(b) Any common expense or portion thereof b enefiting fewer than all of the units

shall be assessed exclusively against the units benefited; and

(c) The costs of insurance shall be assessed in proportion to risk and the costs of

utilities shall be assessed in proportion to usage.

(4) Assessments may be made to pay a judgment against the association and, if made,

shall only be made against the units in the condominium at the time the judgment

was entered, in proportion to their common expense liabilities.

(5) If any common expense is caused by the mis conduct of any unit owner, the

association may assess that expense exclusively against his or her unit.

(6) If common expense liabilities are reallocated, common expense assessments and

any installment thereof not yet due shall be recalculated in accordanc e with the

reallocated common expense liabilities.