Riverview Terrace Condominium Association

Key facts from Riverview Terrace Condominium Association's documents

Reflects the 1997 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

single-family residential subdivision homeowners' association (WHEREAS paragraphs)

Units / lots

183 lots (Lots 1 through 183) (WHEREAS: 'Lots 1 through 183')

Developer / declarant

John Kalimnios and Themistocles Kalimnios (Opening paragraph and Art. I, Sec. 5)

Governing law

Florida Not for Profit Corporation law (implied) and St. Johns River Water Management District permit references (Art. VII, Sec. 26 and general mention of)

Age restriction

Yes (RI condominium regulations): no persons under 18 as permanent residents; visitors under 18 limited to 90 days per year with a person 55+ residing in unit (RI regulations page 1 (Age Limitations))

Assessments & dues

Maximum $120.00 per lot until first lot conveyed; thereafter may increase 5% annually without vote (Art. IV, Sec. 3)

Special assessments

For capital improvements; requires assent of 2/3 of votes of members voting in person or by proxy (Art. IV, Sec. 4)

Collections & liens

Unpaid assessments become a continuing lien on the lot; Association may foreclose lien, add interest, costs, attorney's fees. Lien subordinate to first mortgage. (Art. IV, Sec. 1, Sec. 8, Sec. 9)

Reserves & fees

Not specifically stated; interest at 18% per annum after 30 days delinquency (Art. IV, Sec. 8)

Pets

Yes; dogs, cats, common domesticated household pets allowed; horses allowed with restrictions (Art. VII, Sec. 2(a) and Sec. 6)

Leasing & rentals

Florida declaration does not address leasing; RI regulations allow leasing for periods not less than 90 days, max two rental periods per calendar year (RI regulations page 2)

Parking & vehicles

Prohibited (Art. VII, Sec. 5)

Fences

Fences, walls, hedges require ARC approval for height, type, location; sight line restrictions at corners (Art. VII, Sec. 3(i), Sec. 8)

Architectural approval

Yes; Architectural Review Committee (ARC) approval required for any building, modification, fence, wall, pool, landscaping, exterior changes (Art. V, Sec. 1)

Setbacks / home size

Minimum 40 ft front setback for most lots; Lot 3: 25 ft; outbuilding setbacks: stables/barns must be 50 ft behind rear line of dwelling, 30 ft from rear and side lot lines (40 ft on corner lots) (Art. VII, Sec. 3(h), Sec. 16)

Maintenance

Association maintains Common Areas, entry features, walls, landscaping, islands, storm/surface water management systems; owner maintains lot, dwelling, swales, lake banks, area between front property line and street for corner lots (Art. IV, Sec. 2(b); Art. VII, Sec. 25)

Insurance

Association shall insure buildings in Common Area against fire and all risk perils; personal property at fair market value; public liability insurance $1,000,000 per occurrence (Art. VII, Sec. 21(a), (b))

Use restrictions

Yes; lots for single-family residence and pasturing of horses (non-commercial) (Art. VII, Sec. 2(a))

Voting & meetings

Two classes: Class A (owners except Declarant) with one vote per lot; Class B (Declarant) with two votes per lot owned until Class A votes equal 137 or Jan 1, 2004 (Art. III, Sec. 3)

Amendments

During first 10 years: requires 90% of lot owners; thereafter: 75% of lot owners; any amendment affecting stormwater system requires SJRWMD approval; Declarant may amend unilaterally to comply with FHA/VA/FNMA/FHLMC requirements; recorded i (Art. X, Sec. 3)

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