Washington Green Sections 2 & 3 Conservation

Key facts from Washington Green Sections 2 & 3 Conservation's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

single-family detached conservation subdivision homeowners association (preamble; Section 1.43)

Developer / declarant

JSWG, LLC, a Kentucky limited liability company (Section 1.20)

Governing law

Kentucky Revised Statutes (Section 1.4, 1.10)

Assessments & dues

Board prepares annual budget of Common Expenses (including reserves); Base Assessment = total budget divided by number of Dwelling Units; Board may reduce based on other income or anticipated new units; Declarant may subsidize (Section 4.3)

Special assessments

Allowed for operating deficit or capital improvements; Board may impose up to 100% of Base Assessment without membership vote; above that requires majority vote of Members present and voting (Section 4.4)

Collections & liens

All Assessments are a lien on the Lot prior to all except taxes, government liens, and first mortgages; lien attaches when Board mails notice; Association may record notice of lien; foreclosure same as mortgage including deficiency judgment (Section 4.13, 4.14, 4.16)

Reserves & fees

Budget must include a capital reserve account for capital replacement (Section 4.3)

Use restrictions

Lots and Dwelling Units shall be used only as a single-family residence except as otherwise provided (Section 6.2(a))

Voting & meetings

Class A Members (all Owners except Declarant) have voting rights; Class B Member (Declarant) has voting rights during Development Period; voting rights may be suspended for infractions (Section 3.2, 3.4, 3.5)

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