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)

Solar & roof

No exterior solar collector system, wind generator, or similar without Director approval. (Section 8(a)(xi); doc 121209 page 16)

Home business

No commercial activity except home occupations in strict accordance with zoning ordinances. (Section 8(a)(ii); doc 121209 page 14)

Signs & flags

No signs except one 'For Sale' or 'For Rent' sign not exceeding 2 feet x 4 feet per Lot, and signs of Declarant or builder-developers. (Section 8(a)(vi); doc 121209 page 14-15)

Setbacks / home size

No structure nearer to front lot line or side street line than minimum building setback lines shown on recorded plat, except bay windows, steps, and open porches may project not more than 6 feet (if permitted by law). (Section 8(a)(xxiv)(F); doc 121209 page 1)

Use restrictions

No building used for purpose other than originally designed. Only one Single Family Dwelling per Lot. (Section 8(a)(i); doc 121209 page 14)

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.