Riverwalk Homeowners Association

Key facts from Riverwalk Homeowners Association's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

Riverwalk Homeowners' Association, Inc. (Article I, Section 1)

Assessments & dues

Maximum $580 per lot initially ($145 quarterly) (Article III, Section 3(a))

Special assessments

Requires assent of two-thirds (2/3) of votes of each class voting in person or by proxy at a meeting duly called (Article III, Section 4)

Collections & liens

Assessment, together with interest, costs, and attorney's fees, is a continuing lien on the Lot; Association may foreclose the lien or bring action at law (Article III, Sections 1, 10)

Reserves & fees

An adequate reserve fund for maintenance, repair, and replacement of items maintained by the Association shall be established and funded by regular monthly payments (Article III, Section 2)

Pets

Yes – household pets only (dogs and cats); no more than 2 of the same species (Article IV, Section 22)

Parking & vehicles

Not allowed (inoperative automobiles prohibited from parking/storage) (Article IV, Section 13)

Architectural approval

Yes, for any construction, reconstruction, remodeling, alteration, fence, wall, drive, or improvement; plans must be submitted to Architectural Committee (3 members, appointed by Developer before Transfer of Control, then by Association Boa (Article IV, Section 2)

Home business

Home office which does not require meeting the public is permitted (Article IV, Section 23)

Setbacks / home size

Minimum building setback lines required by Davidson County/City of Nashville and as shown on recorded plats (Article IV, Section 4)

Insurance

Association keeps hazard, public liability, and other insurance it deems necessary relating to Common Area and amenities (Article V, Section 1)

Use restrictions

Each Lot shall be used only for private, single family residential purposes, except the Town Home Site may be used for residential townhomes; Developers and Builders may maintain sales offices during construction (Article IV, Section 21)

Voting & meetings

Two classes: Class A (owners) – 1 vote per lot; Class B (Developer) – 4 votes per lot owned, including unplatted lots shown on Master Plan, until termination of Class B (Article II, Sections 2, 3)

Amendments

Developer may amend without owner joinder for first five years from recordation; thereafter by affirmative vote of at least 3/4 of owners; Developer may correct errors or conform to regulations without owner vote (Article VII, Section 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.