Coventry Place

Key facts from Coventry Place's documents

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

Community type

residential subdivision (Recitals (WHEREAS, Developer owns certai)

Developer / declarant

Blacketer Company, a Kentucky corporation, 225 South Hurstbourne Parkway #103, Louisville, KY 40222 (Opening paragraph)

Assessments & dues

Maximum annual assessment is $190.00 (Article IV, Section 3A)

Special assessments

Yes, Association may levy a special assessment for capital improvements (construction, reconstruction, repair, or replacement of a capital improvement upon common areas). (Article IV, Section 4)

Collections & liens

Annual and special assessments, together with interest, costs and reasonable attorneys' fees, shall be a charge on the land and a continuing lien; may be enforced by foreclosure in the manner mortgages are foreclosed in Kentucky. (Article IV, Section 1)

Reserves & fees

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

Pets

Dogs, cats or other household pets (meaning domestic pets traditionally recognized in this geographic area) may be kept, provided not kept, bred, or maintained for commercial or breeding purposes. (Article V, Section 4A)

Parking & vehicles

No vehicle shall be parked overnight on any street or right-of-way between 4 a.m. and 6 a.m. (Article V, Section 3C(iii))

Home business

No trade or business of any kind except 'home occupations' as strictly construed under the Metro Louisville Land Development Code. (Article V, Section 7)

Signs & flags

No sign for advertising except one sign for sale or rent not greater than 9 square feet; Developer may erect larger signs for advertising the Property and place signs designating lot numbers and purchaser names. (Article V, Section 8)

Use restrictions

No lot shall be used except for private single-family residential purposes. (Article V, Section 1)

Voting & meetings

Two classes: Class A (lot owners except Developer) and Class B (Developer). Each member has one vote per lot owned. Class B membership converts upon: (1) Developer's sole discretion; (2) within 90 days after 100% of lots sold; (3) January 1 (Article II, Section 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.