Farms at Lovers Lane

Key facts from Farms at Lovers Lane's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

The Farms at Lovers Lane

Units / lots

86 (35 original + 51 additional) (Derived: Section 1 lists Lots 1-17,18-19)

Developer / declarant

Superior Builders, Inc.

Assessments & dues

Maximum $200 per year per lot initially; may be increased up to 25% per year without two-thirds vote (Article IV, Section 6(a))

Special assessments

Permitted for reconstruction, repair, or replacement of common area improvements, with assent of members per Bylaws (Article IV, Section 7)

Collections & liens

Assessments are a lien on the lot, enforceable by foreclosure; subordinate to first mortgage (Article IV, Sections 4,10,11)

Reserves & fees

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

Pets

Yes, dogs, cats, and other household pets traditionally recognized allowed; not for commercial or breeding purposes (Article II, Section 4)

Parking & vehicles

Prohibited unless housed in garage or basement (Article II, Section 3(d))

Architectural approval

Yes, Developer approval required for all structures, alterations, fences, walls, antennas, etc. (Article III, Section 1)

Signs & flags

One sale or rent sign not exceeding 9 sq ft; Developer may erect larger signs, lot number signs, purchaser name signs; occupant name signs allowed per zoning (Article II, Section 9)

Setbacks / home size

Minimum building setback lines shown on plat; side setbacks 5 feet on each side unless varied by Developer; bay windows and steps may project; open porches may project up to 5 feet (Article III, Section 4)

Maintenance

Owner maintains residence and lot; Association maintains common areas, open spaces, entrance ways, streets, crosswalks, medians (Article II, Sections 6-7; Article IV, Se)

Use restrictions

Yes, private single family residential purposes only (Article II, Section 1)

Voting & meetings

Class A (lot owners): one vote per lot; Class B (Developer): ten votes per lot until conversion (Article IV, 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.