Twin Palms of Naples

Key facts from Twin Palms of Naples's documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Developer / declarant

TWIN PALMS OF NAPLES, LLC, an Ohio limited liability company (Section 2.19)

Governing law

Florida Statutes Chapter 718 (Condominium Act) (Section 2.1)

Assessments & dues

$56,000 total (4 Units at $3,500 per quarter); per unit $14,000 per year (Operating Budget 2023-2024: '4 Units @ $)

Reserves & fees

$21,125 (Operating Budget: 'Reserves.............)

Pets

Yes, up to 2 domestic pets per unit; reptiles, amphibians, poultry, livestock prohibited (Rules Section 8(a))

Leasing & rentals

Yes, with Association approval (Rules Section 16: 'Unit Owners may lease)

Architectural approval

Yes, for exterior alterations, interior painting, décor visible from outside, satellite dishes, landscape changes, etc. (Rules Section 5)

Home business

Permitted if no disturbance to peace and no customers/clients on premises (Rules Section 7: 'Unit Owners or occupan)

Signs & flags

Only 'Open House' signs during open house when agent/owner present (Rules Section 17: 'The only permitted si)

Use restrictions

Yes; no commercial, industrial, non-residential use (Rules Section 7: 'Use of the Unit shall )

Voting & meetings

Each Unit is entitled to one vote; voting interest is 1/4 per Unit (Section 5.2 and Section 2.28)

Amendments

By Association with affirmative vote exceeding majority of voting interests; by Declarant unilaterally while it controls Board, except for material amendments requiring Association vote (Section 6.1 and 6.2)

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