Palms

Key facts from Palms's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

homeowners association (Art. I; definition of Community and Asso)

Developer / declarant

Palms Land Holdings LLC (Art. II §2.8)

Governing law

Florida law (Bylaws Art. X §10.3)

Assessments & dues

$1,380 per Lot initially (Art. X §10.4)

Special assessments

Requires 2/3 vote of members present (Art. X §10.5)

Collections & liens

Assessments are a continuing lien on the Lot and personal obligation of Owner (Art. X §10.2)

Reserves & fees

$15.00 (Art. X §10.9)

Fences

Fences require prior written approval of Board and/or ARC (Art. V §5.4; Art. VII §7.1)

Architectural approval

For all Improvements except initial construction by Developer/builder (Art. VII §7.1)

Maintenance

Shared Roof maintenance and repair costs shared equally among Villa Owners (Art. VI §6.3(c))

Use restrictions

The Community is an 'exclusive residential subdivision' (Art. VI (introductory language))

Voting & meetings

Class A (owners, 1 vote per lot), Class B (Developer, 9 votes per lot) (Art. VIII §8.2)

Amendments

Bylaws may be amended by majority of total votes while Class B exists; after, 2/3 of total votes. Declaration amendment not explicitly stated. (Bylaws Art. IX §9.1, §9.2)

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