Oak Valley
Homeowners association — you own your lot and home; the association maintains common areas and enforces covenants.
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Key facts from Oak Valley's documents
- Community type
- Covenant / Planned Community
- Developer / declarant
- OSC PROPERTIES, LLC
- Assessments & dues
- Maximum $120 per lot per year until Dec 31, 2004; thereafter no maximum stated, Board determines (Section 4.8)
- Special assessments
- May levy special assessment for capital improvements; payable lump sum or installments with interest (Section 4.7)
- Collections & liens
- Unpaid assessments constitute a lien on lot; may be foreclosed; lien subordinate to first mortgage (Sections 4.4, 4.10, 4.11)
- Reserves & fees
- Board may establish reserve account from assessments (Section 4.6)
- Use restrictions
- No lot shall be used except for private single-family residential purposes (Section 2.1)
- Voting & meetings
- Class A (lot owners) one vote per lot; Class B (Developer) one vote per lot in any phase (Section 4.13)
About this HOA
Oak Valley is a homeowners association in Shively, KY.
HOAproxy has 2 documents on file for Oak Valley: 2 CC&Rs. Last updated 2026-06-18.