Riviera Terrace Condominium

Key facts from Riviera Terrace Condominium's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Declaration article)

Legal name

Riviera Terrace Condominium Association, Inc. (Section 1.01(b), page 6)

Developer / declarant

Bright-Briarcliff, LLC, a Georgia limited liability company (Declaration, opening paragraph)

Governing law

Georgia Condominium Act, O.C.G.A. §§44-3-70 et seq. (1991 and Supp. 2002) (Section 1.01(a))

Assessments & dues

initial estimated budget in Exhibit E (not provided) (Section 4.03, page 14)

Special assessments

Board may levy additional assessments if necessary (Section 4.03: 'the Board of Directors sh)

Collections & liens

automatic lien upon recording; foreclosable like real estate mortgages (Section 4.07, Pages 20-21)

Reserves & fees

required for maintenance, repair, replacement of common and limited common elements (Section 4.09, Page 21)

Pets

yes, limited (Section 6.04, Page 29)

Leasing & rentals

yes, only with Leasing Permit or Hardship Leasing Permit (Section 6.06, Page 31)

Parking & vehicles

max 2 vehicles per unit (Section 6.03(k), page 24)

Architectural approval

prior written consent of Association required for alterations, additions, improvements (Section 5.02(b)(iv) and (v), Pages 22-23)

Insurance

Association maintains insurance on Common Elements (Article VIII), specifics not all provided (Section 8.02, page 36)

Use restrictions

Yes (Section 6.03(a): 'each Unit is hereby re)

Voting & meetings

Each Unit entitled to one equally weighted vote (Section 3.02: 'The Owners of each Unit a)

Amendments

Declarant may amend while owning units without owner approval (Section 11.01); amendments by unit owners require approval (Section 11.02, not fully provided); amendments must be recorded (Article XI, pages 45-48)

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