Lake View at Polo Fields

Key facts from Lake View at Polo Fields's documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Lake View at Polo Fields

Units / lots

48 (Section 1, Lots 1-48); future expansion possible (Section 3)

Developer / declarant

Hills Homes of Kentucky, LLC (formerly Hills Bradford Commons, LLC) (Opening paragraph)

Assessments & dues

Annual budget prepared by Board; budget becomes basis for Base Assessments unless disapproved by majority of Class A and Class B members within 30 days (Section 16(b))

Special assessments

Allowed by Board for unusual or extraordinary expenses; limited to 10% of Base Assessment per year without majority Owner approval; prior to Development Period Special Meeting, requires Declarant approval (Section 16(e))

Reserves & fees

$25 (subject to increase by Board) for failure to pay assessment when due (Section 16(g))

Pets

Yes, up to 3 dogs, cats, or customary household pets per Dwelling Unit (Section 20(i))

Leasing & rentals

Yes, but no transient or hotel purposes (Section 20(q))

Parking & vehicles

Must be stored completely enclosed within a garage; garage door must remain closed (Section 20(o), Section 20(m))

Architectural approval

60 days after complete submission; if no response, deemed denied. Approval cancelled if construction not completed within 6 months. (Section 15(d))

Home business

Home office allowed if used by resident, with only one employee/client/customer at a time in addition to residents (Section 20(l))

Setbacks / home size

Building lines designated on Plat; no building or structure permitted except within building lines, except for utilities. (Section 20(r))

Maintenance

Not explicitly stated; implied Owner responsibility for structural improvements (Section 14(c)). (Section 14(c))

Insurance

Each Owner must obtain fire and casualty insurance for their Dwelling Unit sufficient to fully replace it. (Section 18(a))

Use restrictions

Yes, all Lots and Dwelling Units shall be used exclusively for residential purposes and single-family occupancy (Section 20(c))

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