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An HOAs governing documents are usually in the form of a Declaration of Covenants, Conditions, and Restrictions (CCRs) and bylaws. The CCRs explain the rules of the HOA community, while the bylaws cover how the HOA operates.
The Top 10 Things to Look for in Condo or Co-op Documents Governing Documents. Financial Health. Monthly Fees and Assessments. Special Assessments. Rental and Subletting Policies. Pet Policies. Maintenance and Repairs. Renovation and Alteration Guidelines.
Generally, these include the declaration, bylaws, plats and plans and, in many cases, any rules or regulations that have been adopted over the years by your associations board of directors. Generally speaking, the declaration is the document that creates the inium.
The Four Pillars of Condo Documents. The Declaration of Covenants, Conditions, and Restrictions (CCRs), Bylaws, Articles of Incorporation, and Rules are the pillars of condo documents. Savvy property managers know how to use them to oversee and maintain inium properties effectively.
The Declaration of Covenants, Conditions and Restrictions, or CCRs, is the primary and most important governing document for a inium or planned development, and is required for all iniums and planned developments.
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A inium, or condo, is an individually owned unit in a complex or building of units. A condo owner owns the space inside their condo and shares ownership interest in the community property, such as the floor, stairwells, and exterior areas.
A Condo Declaration is a legal document that lays out what common and private spaces were built and who owns them. It details the block and lot, address, unit number, size, square footage, common interest percentage, and limited common interests.

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