Riomar Cove Homeowners Association, Inc.

Key facts from Riomar Cove Homeowners Association, Inc.'s documents

Community type

Homeowners Association (Article I Section 1(a) 'Association shal)

Legal name

Riomar Cove Homeowners Association, Inc.

Developer / declarant

RIOMAR COVE DEVELOPMENT LLC

Governing law

Laws of the State of Florida (Article XVI 'the laws of the State of Fl)

Assessments & dues

Maximum annual assessment established by Board of Directors; may be increased up to 10% per year without membership approval; larger increases require 2/3 vote of members (Article IV Section 3(a) and (b))

Special assessments

May be levied for capital improvements with assent of 2/3 of votes of members voting in person or by proxy at a meeting called with 30 days notice (Article IV Section 4)

Collections & liens

Unpaid assessments become a continuing lien on the lot and personal obligation of owner; Association may foreclose the lien or bring action at law; costs and reasonable attorney's fees added (Article IV Section 8)

Pets

Only dogs, cats, and pet birds in reasonable numbers; no other animals, livestock, birds, or fowl (Article VIII Section 2)

Parking & vehicles

During construction, parking permitted on road right-of-way; no overnight parking of vehicles or equipment without prior approval (Schedule B Rule 10)

Fences

Fences subject to ARC approval under Article VII (Article VII Section 1 'any building, fen)

Architectural approval

Yes – for any improvement or structure of any kind, including building, fence, pool, screen enclosure, etc., and for any addition, change, or alteration (Article VII Section 1)

Home business

Prohibited – no business, including garage sales, may be conducted on any part of the property (Article VIII Section 1 'No business... i)

Maintenance

Association responsible for maintenance of common properties, entry ways, security gates, roads, streets, rights-of-way, and surface water/stormwater management system. Lot owners responsible for maintenance of their lots, including swales (Article IV Section 2 (Association purpos)

Use restrictions

Property may be used for residential living units only; no business or commercial building; Developer may use lots for sales offices or model homes (Article VIII Section 1)

Voting & meetings

Two classes: Class A (all Owners except Developer) – one vote per lot; Class B (Developer) – three votes per lot until first sale or December 31, 2005, whichever earlier (Article III Section 2)

Amendments

Amendment requires vote of not less than 2/3 of those voting (Class A and B) after at least 30 days advance notice and written submission; amendments affecting Developer's rights require Developer's written approval; amendments affecting st (Article XII Section 5)

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