Shaffer Farms Subdivison

Key facts from Shaffer Farms Subdivison's documents

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

Community type

Covenant / Planned Community

Units / lots

22 (Lots 1 through 22 inclusive) (Art. I, Sec. 1)

Developer / declarant

WGM, LLC

Assessments & dues

Maximum annual assessment set at $30.00 per month per lot ($360 per year per lot) until December 31, 2006. (Art. IV, Sec. 3A)

Special assessments

Association may levy special assessment for capital improvements with assent of members per Association rules. (Art. IV, Sec. 4)

Collections & liens

Annual and special assessments, with interest, costs and attorneys' fees, are a continuing lien on the lot, enforceable by foreclosure in the manner of mortgages in Kentucky. Personal obligation also exists for delinquent assessments. (Art. IV, Sec. 1, Sec. 7)

Reserves & fees

Any assessment not paid by due date subject to a late charge as determined by the Association's governing body. (Art. IV, Sec. 7)

Pets

Household pets (dogs, cats, or other domestic pets traditionally recognized in this geographic area) may be kept, but not for commercial or breeding purposes. (Art. V, Sec. 4A)

Fences

Fence must be French Gothic style, constructed of Western Red Cedar, retained in its natural finish, height 4 feet, boards spaced not more than 2 inches. Wire and chain link fences not permitted. Only rear yard fenced, material may not exte (Art. V, Sec. 5C)

Setbacks / home size

One-story houses: minimum floor area 1,600 sq ft. One and one-half story houses: minimum 1,800 sq ft. Two-story houses: minimum 2,000 sq ft. Finished basement areas, garages, and open porches are not included. (Art. VI, Sec. 3)

Voting & meetings

Two classes: Class A (lot owners except Developer) and Class B (Developer). Each member has one vote per lot owned. Class A members not entitled to vote until earlier of (1) Developer's sole discretion, (2) 120 days after 100% of lots sold, (Art. II, Sec. 2)

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