The Kings Way Trust was created to oversee the shared open space and amenities for the three condominium developments within Kings Way. Each condominium development has its own Homeowner’s Association, and each has representation on the Kings Way Trust, responsible for:

HEATHERWOOD

The need for more senior services and self-contained amenities, including dining room, beauty parlor, arts and crafts, library, housekeeping, etc., spurred the development of Heatherwood at Kings Way. The first units were ready for occupancy in 1998, with full build-out completed in 2003, bringing the total number of resident units to 191. Heatherwood also has its own Board of Trustees to oversee its management needs.

THE KINGS WAY CONDOMINIUM TRUST

When you turn off Kings Circuit (the main circular roadway) onto the village streets, you enter the domain of the Kings Way Condominium Trust. The nine elected Trustees have broad powers to manage and maintain the common areas and buildings within the villages. The Condominium Trust is the association of homeowners responsible for maintaining and servicing all “common areas and elements” within the Condominium. Their responsibilities include, but are not restricted to:

As might be expected, there are overlapping areas of community interest between the Kings Way Trust and The Kings Way Condominium Trust. Good cooperation between the two Trusts is essential to ensure that homeowner’s interests are well served. To facilitate this goal, one of the nine Trustees from the KWCT is “assigned” as a liaison to the KWT Board. Serving on both Boards enables the liaison Trustee to bridge the gaps, ensure that communication remains effective, and help eliminate duplication of effort.

MANAGING AGENT FOR KINGS WAY CONDOMINIUMS

Developer/builder of Kings Way, The Green Company has been part of this community since 1985. When management of the Homeowner’s Association was turned over to the Homeowners in June, 2001, the Trustees of both Boards contracted with the Green Company to act as “managing agent, overseeing financial, tax, and administrative requirements, as well as providing for the local day-to-day management of the community. The on-site Community Manager has been delegated rights and authority by the Trustees to carry out the routine operations, including management of the waste water treatment plant, maintenance requirements, and landscaping work. The Management Company employs and supervises the personnel of our Kings Way Community Management staff, and/or contracts with or hires companies for maintenance and other services. Also, the Management Company collects your monthly fees, makes all payments and disbursement of funds, interfaces with the homeowners on behalf of the Trustees, makes budget and maintenance program recommendations, and in general, does what is necessary to keep Kings Way beautiful and running smoothly.

“… We create environments in which people discover and realize their dreams.”
excert from The Green Company Mission Statement