Riverview Luxury Townhouses Hpr

Key facts from Riverview Luxury Townhouses Hpr's documents

Reflects the 2010 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Horizontal Property Regime (Condominium) ([[PAGE 1]]: "established as a horizontal)

Legal name

Riverview Luxury Townhouses Horizontal Property Regime

Developer / declarant

Riverview Luxury Condos, Inc.; Crystal Condominiums, Inc.

Governing law

Act 60 of 1961 of the General Assembly of the State of Arkansas, as amended ([[PAGE 1]]: "in accordance with the prov)

Assessments & dues

Set each year by Board based on estimated net charges, not to exceed $300 per month per unit prior to Dec 31, 2008; after that no explicit cap. ([[PAGE 19]] Article XVIII A: "Within thi)

Special assessments

Allowed if estimated sum proves inadequate, Board may levy further assessment in like proportions. ([[PAGE 19]] Article XVIII A: "If said su)

Collections & liens

Unpaid common expenses (regular or special) become a lien upon recordation of a notice of assessment. Lien priority over all other liens except tax assessments and prior recorded mortgages. Foreclosure by sale in accordance with law; Board ([[PAGE 20]] Article XIX: "The amount of )

Reserves & fees

Reserve Fund: All collected assessments deposited in a bank account; funds may be expended only for construction, purchase or replacement of improvements upon the Common Areas including street repair. ([[PAGE 18]] Article XV L: "Reserve Fund:)

Pets

Dogs, cats or other household pets may be kept, subject to rules adopted by Board. Domestic animals allowed, provided not raised, bred or kept for commercial purposes. ([[PAGE 24]] Article XXV H: "dogs, cats o)

Leasing & rentals

An Owner shall have the right to lease the Owner’s Unit, subject to conditions. ([[PAGE 23]] Article XXV C: "An Owner sha)

Parking & vehicles

Not explicitly mentioned.

Fences

Not specifically addressed; fences are part of common elements? Common elements include fencing (general common elements). Any alteration requires Board approval.

Architectural approval

Prior written consent of Board required for any obstruction of common elements, antennas, cables, satellite dishes, or other fixtures. No structural alterations or additions to dwelling or common elements without written consent of all owne ([[PAGE 23]] Article XXV E: "Nothing shal)

Use restrictions

All Units shall be used only and exclusively for single family residential purposes. ([[PAGE 23]] Article XXV B: "All Units, e)

Voting & meetings

Each Unit has voting power equal to its percentage of basic value (1.85% per unit) as set forth in Paragraph 6 of Master Deed. Vote cast per unit; joint owners must agree or lose vote. Only Owners vote; lessees not entitled. ([[PAGE 5]] Section 7: "The vote of each )

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