Grey Oaks (KY)

Key facts from Grey Oaks (KY)'s documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Units / lots

At least 115 lots (1-115, with some non-buildable) (Amendments list lots)

Developer / declarant

McBRIDE & SON HOMES LAND DEVELOPMENT, INC.

Assessments & dues

Initial annual assessment: $400 per Lot. (Section 5(f)(i); doc 121209 page 11)

Special assessments

May be levied for capital improvements with approval of 80% of voting power or 2/3 vote of each class (Section 5(d)(i)). Directors may levy without vote for sewer/storm water facilities until accepted by public body (Section 5(d)(ii)). Also (Section 5(d),(e); doc 121209 pages 10-11)

Collections & liens

All assessments become a continuing lien on the Lot. Recording of Declaration constitutes record notice and perfection of lien. Association may enforce by foreclosure. (Section 5(b); doc 121209 page 9)

Reserves & fees

Budget may include reasonable replacement and other reserves. (Section 5(f)(i); doc 121209 page 11)

Pets

Yes, but limited to dogs, cats, or other household pets (excluding vicious propensities) and aquariums. (Section 8(a)(v); doc 121209 page 14)

Leasing & rentals

Yes, for single family residential purposes only. (Section 9; doc 121209 page 19)

Parking & vehicles

Prohibited overnight (12:00 A.M. to 8:00 A.M.) and anytime on courts or cul-de-sacs. (Section 8(a)(xiv); doc 121209 page 16-17)

Fences

Maximum height 48 inches. Only rear yards, full perimeter. Must start at rear corners of residence. Within 4 inches of lot lines. Materials: wrought iron/vinyl, picket wood/vinyl. Good side out. Wood fences cannot be painted. Posts in concr (Section 8(a)(ix); doc 121209 pages 15-16)

Architectural approval

Yes, for any building, fence, wall, driveway, other structure, exterior change, removal of tree with 3 inch or greater caliper, or change in grade. Declarant exempt. (Section 7(a); doc 121209 page 13-14)

Setbacks / home size

One-story: 1,400 sq ft; 1.5-story: 1,500 sq ft; 2-story: 1,700 sq ft. For Lots 1-8, 90-105, 108-111: two-story minimum 2,000 sq ft; one-story and 1.5-story minimum 1,600 sq ft. Finished basement, garages, open porches excluded. (Section 8(a)(xxiv)(A-E); doc 121209 page)

Voting & meetings

Class A members (all Owners except Declarant): one vote per Lot. Class B member (Declarant): three votes per Lot owned. (Section 3(b)(i),(ii); doc 121209 page 7)

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