Riviera Lake

Key facts from Riviera Lake's documents

Reflects the 2025 governing documents — figures and rules are as originally recorded and may have changed since.

Units / lots

40 Homes (initially planned; subject to change) (Section 1.34: "Riviera Lake is presently)

Developer / declarant

VB 40 DEVELOPMENT GROUP, LLC, a Florida limited liability company (First paragraph of Declaration)

Governing law

Chapter 720, Florida Statutes (HOA Act) (Section 1.20: "HOA ACT" shall mean the h)

Assessments & dues

Board prepares annual budget; Individual Home Assessment = total operating expenses divided by number of Contributing Homes. Payments quarterly (Board may change method/frequency). (Section 7.1, 7.2)

Special assessments

Yes, for certain expenses (e.g., reconstruction, casualty loss, litigation judgments) specifically excluded from operating expenses. Legal expenses to sue Declarant must be Special Assessment. (Section 6.1.2 (list of Special Assessmen)

Collections & liens

Assessments are a continuing lien on each Contributing Home; lien effective upon recording a statement of amount due. Association may foreclose like a mortgage. (Section 6.2: "Each Assessment... are her)

Reserves & fees

Reserves for future maintenance, repair, and replacements are specifically excluded from Operating Expenses. Board may decide to include reserves in budget. (Section 6.1.2: "Reserves for future main)

Signs & flags

Owners prohibited from carrying or posting signs interfering with Declarant/Participating Builder sales process (Section 2.3). Other sign restrictions not provided. (Section 2.3: "the Owner shall not interf)

Maintenance

Not explicitly stated, but likely owner responsibility unless part of Common Area. Association may have right to repair (Section 4.6.3). (Section 4.6.3: easement to enter Lots fo)

Use restrictions

Implicit: Home defined as "a residential dwelling unit... intended as an abode for one (1) family"; no explicit exclusive residential use clause in provided text. (Section 1.21: "HOME shall mean a residen)

Voting & meetings

As set forth in the Articles; right to vote may be suspended for delinquency >90 days (Section 6.3.6). (Section 5.1: "voting rights... as set fo)

Amendments

Amendments properly adopted per Governing Documents and recorded; Supplemental Declarations by Declarant may modify; no specific Owner vote requirement in provided sections except Association must join at Declarant's request (Section 3.1). (Section 1.2, 3.1)

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