Asbury Park Innovative

Key facts from Asbury Park Innovative's documents

Community type

Covenant / Planned Community

Legal name

Asbury Park Homeowners Association

Developer / declarant

Asbury Park Development, LLC

Assessments & dues

Maximum initial $55.00 per month per lot (Section 5(a): "Until January 1 of the ye)

Special assessments

May be levied for capital improvements with assent of members in accordance with Bylaws (Section 6)

Collections & liens

Assessments are a continuing lien on the property; Community Association may foreclose the lien and recover interest, costs, and reasonable attorney fees (Sections 3, 9)

Reserves & fees

Interest from due date at maximum rate allowed by Kentucky law (Section 9: "Any assessment not paid by t)

Pets

Yes, dogs, cats, and other traditional household pets are permitted (Section 6: "except that dogs, cats or ot)

Fences

Fence type, design, and placement must be approved by Developer or HOA; lots backing to Springdale Road may have rear fences exceeding 6 feet for use as sound barrier (Section 2(f))

Architectural approval

Plans and specifications for any building, residence, addition, garage, fence, wall, driveway, mailbox, landscaping, other structure or improvement must be approved in writing by Developer or assignee before construction (Section 2(a) and (j))

Setbacks / home size

Setbacks for building line shall conform to minimum lines shown on the record plat (Section 2(i))

Maintenance

Homeowners Association maintains common areas, private roadways (including snow removal, landscaping/tree repair/replacement, resurfacing/repairing roadways). Lot owners maintain their own lots, keep free of weeds and trash. Parkhome owners (Sections 16(a), 16(c), 9)

Use restrictions

Lots shall be used only for private single family residential purposes; structures limited to single-family dwellings not exceeding two and one-half stories with a private garage (Section 1(a))

Voting & meetings

Two classes: Class A (lot owners, one vote per lot) and Class B (Developer, ten votes per lot owned) (Section 12(a) and (b))

Amendments

Restrictions (except those regarding common areas, open space, and medians) may be cancelled, altered, or amended by affirmative action of owners of 75% of all lots. Provisions regarding common areas, open space, and medians cannot be amend (Section 17)

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