FAQ

 
  • Is my 2019 annual assessment late because the balance shows up as 30-61 days?   (New)

    No, your payment is not late.  As stated at the bottom of the statements, Association assessments are due by March 31, 2019. After March 31stthey will be considered late. Per the DOR, annual assessment will accrue as of January 1 of each year and will be due and payable on or before February 1 of that year or such other date as may be established by the association.  The 31-60 days section of the invoice does not mean they are late.  It just means that amount occurred that many days ago on January 1. The way the statements were prepared, with the January 1 date that your DOR lists as the date accrued, causes the balance to show up there even though it is NOT late.

  • Why don't annual statements come out in January?   (New)

    To save postage for your Association, statements are not mailed until the annual report is prepared. The bylaws require an annual report as of the end of the Fiscal Year to be distributed to all Members.  Thus all statements, bills, etc for the previous year need to be received and reconciled. Then the final report is prepared and sent with the statements and new budget.  The 2019 Annual Financial Report was completed on 1/31/2019, documents were approved by the Board of Directors on 2/12/2019 at the board meeting, and then statements were prepared and everything mailed by the management company in one envelope.

  • I just moved into Masterson Station. Where do I get information about the homeowners association?   (New)
    Contact the MSNA Manager or call (859) 246-0911.
  • Why do I have to pay an annual assessment to the Masterson Station Homeowners Association? What if don’t want to join?   (New)
    The assessment payable by each homeowner funds both the operating and capital budgets of the association.
    These budgets cover such things as grass mowing, flower, shrubbery and tree planting and maintenance of all
    common areas; maintenance and repair of all common area structures, such as walls, fences, entrance lights
    (not street lights which are the responsibility of Kentucky Utilities), street signs, electrical wiring and irrigation
    systems, the property manager’s services, and social events.
     
    In short, the bulk of the assessments go toward maintaining and enhancing all the areas owned “in common” by
    the homeowners within Masterson Station; the proper maintenance of which enhances the property
    values for the subdivision and its’ residents.
     
    According to the Deed of Restrictions (DOR), all property owners in the Masterson Station neighborhood are
    automatically members of the homeowners association and subject to the assessment. You should have been
    given a copy of the DOR at or before closing on your home. If you need a copy of the DOR, please refer to the governing documents.
     
    The amount of dues is $48 per year (as of 01/01/07) due on January 1st of each year. Dues are pro-rated for
    mid-year move ins @ $4 per month for each full month that is left in the year after the move in. If you sell your
    house in mid-year, after paying your dues, usually the settlement form for the sale will take into consideration a
    “credit” for the seller for the balance of the dues along with a “debit” for the buyers. Although, this will depend
    on the person who completes the real estate transaction. There are no “refunds” issued by the Homeowners
    Association after payment is made. The settlement of the dues is solely the seller’s responsibility.
  • I want to fence in my backyard. Do I have to get a permit or permission?   (New)
    Yes, the City requires you to obtain a permit to construct a fence. According to “How to be a Good Neighbor”
    published by the LFUCG, a “permit from the Division of Building Inspection is required before a structure may
    be built, moved, added to or structurally altered. A permit is also needed for installation of a swimming pool,
    construction of a driveway or fence, or major remodeling of a home.”
     
    In addition to the City’s requirements, Masterson Station’s DOR has certain guidelines and prohibitions.
    Anyone desiring to undertake these types of projects must submit a written request, accompanied by plans and
    specifications, to the property manager for approval before any work begins. Following this procedure will
    ensure consistent and fair DOR enforcement, protect the interest of all Masterson Station residents and possibly
    save the individual homeowner a lot of time, money and aggravation.  For more information see Property Improvement.
  • The trees between the sidewalk and the street in front of my house need trimming. Is that my responsibility?   (New)
    Yes, according to City ordinance. All street trees are required to be trimmed at least 14 feet above the
    sidewalk. In addition, it is “unlawful to allow any tree, bush, or other vegetation and items like basketball goals
    to obstruct the view of a street or passage on a sidewalk.” Property owners are required to obtain a permit from
    the Urban County Government’s Division of Parks and Recreation before a street tree may be planted and
    before any tree larger than three inches in diameter may be removed.
     
    Further, a homeowner is responsible for replacing defective sections of the sidewalk adjoining their property.
    According to the City, the sidewalk inspection program is “complaint responsive,” meaning an inspection is
    done when a citizen files a complaint with the Division of Code Enforcement. Homeowners should always keep
    in mind the issue of liability should someone be injured due to sidewalk or street trees falling into disrepair or
    unsafe conditions.
  • What can I do about the loud music, power equipment or barking dogs?   (New)
    These fall under the City’s noise ordinance which “prohibits sound that annoys or disturbs a reasonable
    person of normal sensitivities.” Please refer to the publication “How to be a Good Neighbor?’ for specifics.
    Violations, or questions, should be directed to the Division of Police, 258-3600.
  • What’s the speed limit in Masterson Station?   (New)
    As with most residential streets in Lexington, the speed limit is 25 mph unless otherwise posted. The
    Masterson Station Homeowners Association Board of Directors takes speeding on our streets very seriously.
    Violators should be reported to the Division of Police, 258-3600 (include license plate number, make, model
    and color of vehicle and time-of-day if you can).
     
    Our streets are part of our neighborhood and we should take responsibility for safety on them: First by
    observing the speed limits and stop signs ourselves; and second by reporting violations regularly and often in
    order to get the enforcement effort we need. With enough calls (complaints) made with the Division of Police, it
    has been seen that they will increase the number of patrols along the main boulevard to help deter speeding.
  • Who is the Board of Directors anyway? Are they paid?   (New)
    The Board of Directors is made up of homeowners from Masterson Station. Board members give of their time
    and talents voluntarily to serve their community and neighbors. Regularly scheduled meetings will be held at
    the Masterson Station Club. Dates and times will be announced. All residents are welcomed and encouraged to
    attend the meetings, to be actively involved either by serving on the Board or through other volunteer
    opportunities and to communicate questions, ideas, suggestions and concerns to the Board.
  • Deed of Restrictions? What is it and how does it affect me?   (New)
    To view your deed of restrictions head over to the governing documents.
  • Is there a neighborhood wide yard sale?   (New)
    There is a spring and fall community-wide yard sales where members of the neighborhood are encouraged to
    participate.  There is also a group on Facebook, Masterson Station Yard Sale, where neighbors in and around the Masterson Station neighborhood can have a place to buy, sell, and trade goods and service.