Cooper Farms Innovative

Key facts from Cooper Farms Innovative's documents

Community type

residential subdivision (Page 1: 'residential subdivision')

Developer / declarant

Cooper Farms, a Kentucky General Partnership

Assessments & dues

$200.00 per lot annually (Article IV Section 13: 'Every lot owner,)

Special assessments

Yes, for capital improvements, with assent of members (Article IV Section 7)

Collections & liens

Annual and special assessments with interest, costs, and attorney fees are a continuing lien on the lot; subordinate to first mortgage; personal obligation of owner at time assessment fell due (Article IV Section 4 and Section 10)

Reserves & fees

Interest at maximum rate allowable by Kentucky law from due date (Article IV Section 10)

Pets

Dogs, cats, or other household pets traditionally recognized as such; not kept for commercial/breeding purposes (Article II Section 4)

Leasing & rentals

Not specifically addressed in either document (Not addressed)

Architectural approval

Yes, approval of construction plans, building specifications, landscape plans by Developer (Article III Section 1)

Signs & flags

One sign for sale/rent not greater than 9 sq ft; Developer may erect larger signs for advertising; occupant name signs and lot numbers allowed per zoning (Article II Section 9)

Setbacks / home size

One story: 1100 sq ft ground floor excl garage; one-and-half story: 900 sq ft; two story: 700 sq ft (Article III Section 3)

Voting & meetings

Class A members (lot owners) one vote per lot; Class B member (Developer) ten votes per lot (Article IV Section 14)

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