Hidden Forest (KY)

Key facts from Hidden Forest (KY)'s documents

Reflects the 2017 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Single-family residential subdivision (Article III, Section 1: 'No Lot shall be)

Legal name

Hidden Forest Subdivision, Section 1

Units / lots

148 (Original Section 1: Lots 1-14, 39, 110, )

Developer / declarant

Hidden Forest Development, LLC (First page, opening paragraph)

Assessments & dues

Amount determined by Board to be reasonably necessary to meet budgeted expenses (Article V, Section 6: 'fix the annual as)

Special assessments

May levy special assessment for capital improvements; payable lump sum or installments with interest at Board-set rate. (Article V, Section 7)

Collections & liens

Assessments become lien on the Lot, subordinate to first mortgage. Foreclosure allowed; personal obligation of owner at time due. (Article V, Sections 4 and 10-11)

Reserves & fees

Board may establish a reserve account from assessments. (Article V, Section 6: 'may establish fro)

Pets

Dogs, cats, and other household pets may be kept, but not for commercial purposes. (Article III, Section 5)

Leasing & rentals

Implicitly allowed; delegation of use to tenants permitted (Article V Section 2) and sign for rent allowed (Article III Section 9). No explicit restrictions on leasing. (Article V, Section 2 and Article III, Se)

Use restrictions

Lots used only for private single family residential purposes. No trade or business (except model home for 24 months, or Developer sales office). (Article III, Sections 1 and 8)

Voting & meetings

Class A: 1 vote per Lot for each Owner; Class B: Developer has 1 vote per Lot in all sections. Multiple owners of a Lot must vote together or no vote. (Article V, Section 13)

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