Riverwoods

Key facts from Riverwoods's documents

Community type

Single-family residential planned community (Section 1.24 (Residential Use), Recital )

Legal name

Riverwoods Association, Inc., an Alabama nonprofit corporation (Section 1.06)

Units / lots

Not explicitly stated; plat shows numerous lots (e.g., 101-115, 201-232, 401-464, etc.) (Exhibit A plat)

Developer / declarant

Riverwoods Properties, LLC (First page of both documents)

Assessments & dues

Determined by Association; not set in declaration (Article VIII)

Special assessments

Special assessments may be levied (Section 8.05) (Section 8.05)

Collections & liens

Unpaid assessments create a lien on the Lot (Section 8.09); Association may foreclose (Section 8.09) (Section 8.09)

Reserves & fees

Mentioned for creation of reserves (Section 1.10 Common Expenses)

Pets

Pets and animals permitted subject to restrictions (Section 6.21); no specific breed/size/weight limits stated (Section 6.21)

Leasing & rentals

Leasing allowed only with prior written approval of ARC and Developer (Section 6.01); Developer has perpetual right to lease its own Dwellings including daily/weekly rentals (Section 6.01) (Section 6.01)

Parking & vehicles

Off-street only; vehicles in garages or driveways (Section 6.23)

Architectural approval

ARC must act within 30 days; failure to approve in writing = disapproval (Section 5.05(e))

Home business

Permitted if no regular customer, client, or employee traffic and in compliance with all governmental regulations (Section 6.01) (Section 6.01)

Signs & flags

Subject to ARC approval; sign regulations may apply (Section 6.24) (Section 6.24)

Setbacks / home size

Minimum building setbacks established by ARC, recorded plat, or deed; all eaves, steps, porches, terraces, decks, patios counted as part of dwelling for setback purposes (Section 6.04) (Section 6.04)

Maintenance

Owner: Lot and Dwelling; Association: Common Areas (Article VII)

Insurance

Association may maintain insurance (Section 9.05)

Use restrictions

Each Lot and Dwelling shall be used for Residential Use only; no trade or business except as provided (home office without customer traffic allowed) (Section 6.01) (Section 6.01)

Voting & meetings

One vote per Lot (Section 4.03); Developer deemed Owner of Lots it owns and entitled to all votes (Section 4.03); fractional voting not permitted (Section 4.03) (Section 4.03)

Amendments

Developer may amend without Owner approval until it no longer owns any Lot or elects to relinquish (Section 10.02); thereafter Association may amend with vote (Section 10.03); certain restrictions cannot be amended without Developer consent (Article X (10.02, 10.03, 10.04))

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