What document generally governs the operation of a condominium?

The document that generally governs the operation of a condominium is the bylaws. Bylaws are essential as they outline the rules and regulations for the management and administration of the condominium association, including the rights and responsibilities of unit owners. They typically cover important topics such as the voting process, the management structure, maintenance obligations, and procedures for meetings.

Bylaws ensure that there is a clear framework for how the condominium operates, helping to maintain order and fairness among owners. They set guidelines that protect both the individual rights of owners and the collective interests of the community.

Other documents, such as the Articles of Incorporation, may establish the legal framework for the condominium association itself, while a Memorandum of Understanding typically addresses agreements between parties and is not specific to the governance of condominiums. An Operating Agreement, while useful in certain contexts (particularly in limited liability companies), does not serve the same purpose as bylaws in regulating condominium associations. Therefore, bylaws are the key governing document for condominium operations.