Rolling Riv Assoc Ltd

Key facts from Rolling Riv Assoc Ltd's documents

Reflects the 1991 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Multi-phased planned community known as Rolling River Estates, residential subdivision (Article I(A) and (B))

Units / lots

30 lots in Phase I, Unit I (each lot to have one single-family residence) (Exhibit A-4 description and Article I de)

Governing law

Florida not-for-profit corporation law (Association is a Florida not-for-profit corporation) (Article I(C))

Assessments & dues

Not fixed; determined by Budget as Quarterly Assessments (Article VI, §6.1 and §6.2)

Special assessments

Yes, allowed for expenses not regularly incurred, including capital improvements, enforcement costs, etc. (Article VI, §6.3)

Collections & liens

Association has lien for unpaid assessments, established and enforced as set forth in Master Declaration Article VI (Article VI, §6.6)

Reserves & fees

Mentioned: Association to maintain adequate reserve accounts (Article VI, §6.2)

Pets

Reasonable number of caged birds and other common household pets allowed, subject to Association regulations; not for commercial purpose; not dangerous or nuisance (Article III, §3.9)

Leasing & rentals

Yes, entire Units may be rented; lease must be for non-transient residential purposes (Article III, §3.8)

Parking & vehicles

Non-resident visitors, guests, invitees may park in streets while visiting (Article III, §3.6(a))

Architectural approval

Prior written approval of A.R.C. required for any construction, alterations, additions, reconstruction, improvements, or attachments to exterior of any Lot or Unit, including landscaping, fences, structures, color changes, etc. (Article VIII, §8.3 and Article III, §3.4)

Home business

Prohibited (Article III, §3.1)

Signs & flags

Only customary address signs approved by A.R.C. and a lawn sign of not more than 4 square feet advertising a Lot for sale or rent are permitted (Article III, §3.11)

Setbacks / home size

Single-story units: minimum 1100 square feet of interior living area (excludes garages, porches, patios) (Article III, §3.2)

Maintenance

Owner (included in exterior of Unit maintenance) (Article VII, §7.1)

Insurance

Association may obtain insurance; policy must include waiver of subrogation against Owners (Article V, §5.2(b) and Article III, §3.1)

Use restrictions

Each Lot shall be used for single family residential purposes only; no trade or business allowed except leasing for non-transient residential purposes and Developer sales office (Article III, §3.1)

Voting & meetings

Class A (Lot Owners): one vote per Lot. Class B (Developer): until Transfer Date, votes equal to sum of Class A and Class C. Class C (Commercial Titleholders): votes equal to 0.25 times Class A votes, allocated by square footage. (Article IV, §§4.2 and 4.3)

Amendments

Developer may amend unilaterally for government requirements, cure ambiguities, subject additional property. Otherwise, within first 40 years, by 67% of all Owners; thereafter by 60%. Also requires approval of Developer (if still owns Lots) (Article IX, §9.3 and §9.4)

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