Riverview Condominium POA, Inc.
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What Riverview Condominium POA, Inc.'s governing documents say
Riverview Condominium is a 20-unit condominium building in Wilmington, NC — you own your individual unit and share ownership of the common elements. The association maintains the building's exterior and common areas, and each owner pays assessments for common expenses. This document is the full declaration and bylaws, so it covers ownership structure, assessments, use restrictions, and governance.
- What you own & maintain: You own the interior of your unit (bounded by interior wall surfaces, floor, and ceiling). The association maintains the common elements (building exterior, roofs, shrubs, walks) and carries master insurance. Windows are your responsibility.
- Assessments & fees: Each unit pays an equal 1/20 share of common expenses. The initial maximum annual assessment was $1,200 per unit (as of 2000), and can increase up to 15% per year without a vote. Special assessments require a majority vote. Unpaid assessments become a lien and accrue interest up to 18% per year.
- Leasing & rentals: Units may be rented, but leases must be for at least six months. No short-term or vacation rentals are allowed.
- Pets: Dogs, cats, or other household pets may be kept only if permitted by the executive board's rules and regulations.
- Architectural review: No exterior changes (building, fence, wall, or other structure) may be made without written approval from the executive board. Exterior colors cannot be changed unless the entire condominium's color scheme changes, requiring a two-thirds owner vote.
- Parking & vehicles: Parking is subject to rules adopted by the executive board. No specific number of spaces or restrictions are stated in this document.
- Use restrictions: Units are for residential use only. No noxious activities, signs, or satellite dishes without board approval. Window coverings must appear white or off-white from the outside. Garbage must be deposited in designated receptacles.
- Right of first refusal: Before selling, an owner must first offer the unit to the association at the same price as the highest bona fide offer. The association has 30 days to decide whether to buy.
Key facts from Riverview Condominium POA, Inc.'s documents
- Community type
- condominium (Title and definitions: 'Condominium')
- Units / lots
- 20 units initially; Declarant reserves right to create up to 50 units (PART II Article I Sections 3 and 4; also)
- Developer / declarant
- CAMERON L. SMITH & SON PROPERTIES, L.L.C., a North Carolina limited liability company (Opening paragraph and PART I Definitions)
- Governing law
- North Carolina Condominium Act, Chapter 47C of the North Carolina General Statutes (PART I Definitions Section 1; PART II Ar)
- Assessments & dues
- Initially maximum $1,200 per unit per year until first conveyance year; thereafter increased annually without vote up to 15% of previous year's max (PART II Article III Section 5)
- Special assessments
- May be levied for capital improvements with assent of majority of members; payable as specified by Association (PART II Article III Section 4)
- Collections & liens
- Assessment unpaid for 30+ days becomes a lien when filed; may be foreclosed; personal obligation of owner; subordinate to first mortgage and ad valorem taxes (PART II Article III Sections 1,2)
- Pets
- Dogs, cats or other household pets may be permitted by rules and regulations adopted by Executive Board; otherwise no animals (PART II Article VII Section 4)
- Leasing & rentals
- Yes, residential use includes rental of individual units (PART II Article VII Section 1: 'shall in)
- Parking & vehicles
- Parking in parking area subject to rules and regulations adopted by Executive Board (PART II Article VII Section 13)
- Fences
- Any fence requires written approval of Executive Board (PART II Article VI: 'fence' included)
- Architectural approval
- Yes, no building, fence, wall, other structure or improvement shall be commenced without written approval of Executive Board; plans and specifications must be submitted (PART II Article VI)
- Home business
- Not explicitly prohibited; but no noxious or offensive activities; residential use only may imply no business (PART II Article VII Sections 1,2)
- Signs & flags
- No advertising signs or other signs unless approved by Declarant or Executive Board (PART II Article VII Section 6)
- Maintenance
- Association responsible for paint, repair, replace and care of roofs (PART II Article V Section 1)
- Insurance
- Executive board shall procure and maintain adequate hazard insurance on property owned by Association and property for which Association has duty to maintain, and sufficient liability insurance as provided in G.S. § 47C-3-113 (Bylaws Article IV Section 1(e) and duty )
- Use restrictions
- Yes, units shall be used for residential purposes only, including rental by owners (PART II Article VII Section 1)
- Voting & meetings
- One vote per unit; cumulative voting not permitted; proxy allowed for up to one year (Bylaws Article I Sections 5, 6, 7)
About this HOA
Riverview Condominium POA, Inc. is a homeowners association in Wilmington, NC.
HOAproxy has 1 document on file for Riverview Condominium POA, Inc.: 1 recorded document. Last updated 2026-07-11.