What document outlines the fundamental rules governing a condominium's operations?

The bylaws are crucial as they serve as the governing rules for the internal management of a condominium association. They specify how the association operates, including the rights and responsibilities of the members, the procedures for board meetings, voting rights, and the duties of the board of directors.

Bylaws function as an essential framework that guides the everyday operations of the condominium, thereby ensuring orderly governance and providing a clear set of rules that all unit owners must follow. This helps maintain harmony among residents and ensures that the association can carry out its responsibilities effectively.

While other documents like the Articles of Incorporation may establish the legal existence of the condominium association, and the Declaration of Covenants outlines the restrictions and obligations related to property use, it is the bylaws that primarily dictate how the condominium is managed. An Operating Agreement is often more relevant in business entities rather than a condominium context, further distinguishing the role of bylaws in this scenario.