Spring Farm Glen

Key facts from Spring Farm Glen's documents

Community type

Single-family homeowners association (Section 2.1 single-family residential us)

Legal name

Spring Farm Glen Subdivision

Units / lots

Lots 1-16, plus Lots 1001,1002,1003 (open space) in original plat; later may be added (Section 1.1)

Developer / declarant

Spring Farm Glen, LLC (First WHEREAS of declaration and amendme)

Governing law

Kentucky non-profit corporation (Section 4.1)

Assessments & dues

Minimum $525.00 per year beginning 2011 (as per amendment) (Section 4.5.2 (amended))

Special assessments

Allowed; requires approval by Declarant until turnover, then majority of votes at a meeting (Section 4.5.6 (amended))

Reserves & fees

Board may establish reserve accounts funded from assessments; separate accounts (Section 4.5.11 (amended))

Pets

Reasonable number of dogs, cats, or traditional household pets; no breeding/commercial (Section 2.4)

Leasing & rentals

Not explicitly addressed; but rental of Lot seems allowed as owners can delegate use to tenants (Section 1.5(b) - delegation of enjoyment)

Parking & vehicles

Commercial vehicles allowed only if housed in garage, or on street for max 4 hours unless construction (Section 2.3(c)(ii))

Home business

Only 'home occupations' as strictly construed under zoning regulations (Section 2.1(a)(i))

Setbacks / home size

Not to exceed two stories unless approved by Declarant (Section 2.1(a)(i))

Maintenance

Owner responsible for exterior repairs (including roof) per Section 2.7(i) (Section 2.7(i) (amended))

Insurance

Association may purchase insurance for common areas and for benefit of all owners (Section 4.5.2(iii) (amended))

Voting & meetings

Each Lot owner has voting rights; could be suspended for nonpayment or violations (Section 1.5(a)(i))

Amendments

Declarant may unilaterally amend per Section 7.3(a) until no longer owns any Lot; after that, likely by membership vote (WHEREAS of amendment; Section 7.3)

Amenities

Potential community buildings, recreational facilities; optional lot maintenance program is a service (Section 4.1.1(iii) (amended))

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