Rivoli Downs Homeowners Association

Key facts from Rivoli Downs Homeowners Association's documents

Community type

homeowners association (Rivoli Downs Homeowners Association, Inc.) (Article I, Section 4)

Legal name

Rivoli Downs Homeowners Association

Developer / declarant

Southern Pine Plantations, Inc.

Assessments & dues

$100.00 per lot (for Homeowners Association); separate $100 per lake lot for each applicable lake association beginning January 1, 1993. (Article III, Section 7; Article IV Secti)

Special assessments

Assessed only with approval of no less than a majority of lot owners. (Article III, Section 8; similarly for la)

Collections & liens

Assessments constitute a lien on the lot, may be foreclosed; lien runs with the land, binds subsequent owners. Notice of Lien filed in public records gives priority. (Article III, Section 5 and Section 12)

Reserves & fees

Interest at 18% per annum from due date on unpaid assessments. (Article III, Section 12)

Architectural approval

Plans deemed approved if not disapproved within 30 days after submission; approval does not waive compliance with other provisions. (Article II, Section 18.4)

Setbacks / home size

Front/side street setback: 50 feet (or as shown on plats if different). Side lot line: 20 feet. Rear lot line: 35 feet. Subject to variance by ARC for topography. (Article II, Section 1 (3))

Use restrictions

All lots shall be used solely for residential purposes. (Article II, Section 1 (1))

Voting & meetings

One vote per lot; exercised by one of the owners as proxy for all owners of that lot. No more than one vote per lot. (Article III, Section 2)

Amendments

Amendment by agreement of 75% of lot owners, also signed by Developer if Developer still owns property. No amendment without written consent of any mortgage holder. (Article II, Section 34.1 and 34.2)

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