Editing Condominium (section)

== Founding documents and bylaws ==
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[[File:The Cosmopolitan Singapore.jpg|thumb|The Cosmopolitan, a condominium in [[Singapore]]]]

The description of the condominium units and the common areas and any restrictions on their use are established in a founding document, which may variously be called a "Master Deed", "Enabling Declaration", "Declaration of Conditions", "Conditions, Covenants, and Restrictions (CC&Rs)", "Deed of Mutual Covenant" or simply a "Condominium Document". Among other things, this document can provide for the creation of a governing body or corporation, for example, a Homeowner's Association in the United States.<ref>{{Cite web |title=What Is a Homeowners Association (HOA), and How Does It Work? |url=https://www.investopedia.com/terms/h/hoa.asp |access-date=2025-02-08 |website=Investopedia |language=en}}</ref>

Rules for the association may be in the master deed, or could be a separate set of bylaws governing the internal affairs of the condominium. Matters addressed in the condominium bylaws may include the responsibilities of the owners' association, voting procedures to be used at [[Deliberative assembly|association meetings]], the qualifications, powers, and duties of the board of directors, and the powers and duties of the officers. The Bylaws may also cover the obligations of the owners with regard to assessments, maintenance, and use of the units and common areas, although those obligations are often found in the condominium's founding documents. Finally, they may set limits on the conduct of unit owners and residents.<ref name="KamanCusimano">{{cite web|title=Understanding the Government of a Community Association|url=http://www.ohiocondolaw.com/articles/governance_community_assn.htm|publisher=Kaman & Cusimano|access-date=24 July 2011|archive-url=https://web.archive.org/web/20120115041050/http://www.ohiocondolaw.com/articles/governance_community_assn.htm|archive-date=2012-01-15|url-status=dead}}</ref> These are more readily amendable than the declaration or association bylaws, typically requiring only a vote of the governing body.  Typical rules include mandatory maintenance fees (perhaps collected monthly), pet restrictions, and color/design choices visible from the exterior of the units. Generally, these sets of rules and regulations are made available to residents and or as a matter of public record, via a condominium or homeowners association website, or through public files, depending on the state and its applicable laws. Condominiums are usually owned in [[fee simple]] [[title]], but can be owned in ways that other [[real estate]] can be owned, such as title held in [[Trust law|trust]]. In some jurisdictions, such as [[Ontario]], Canada, or [[Hawaii]] US, there are "leasehold condominiums" where the development is built on leased land.

As condominium unit owners may wish to [[Renting|rent]] their home to [[leasehold estate|tenant]]s, similar to renting out single-owner real estate, but leasing rights may be subject to conditions or restrictions set forth in the declaration (such as a rental cap for the total number of units in a community that can be leased at one time) or otherwise as permitted by local law.{{CN|date=September 2024}}