Rules & Regulations are vital to every condominium association. Many small associations do not have Rules & Regulations in place, however, simply because they lack knowledge about what they are and how they are created. Here’s what you need to know:
- Rules & Regs (as they are commonly known) exist as a separate document that falls below your Declaration and Bylaws in the legal hierarchy of your governing documents.
- This document dictates how residents are expected to conduct themselves in the community and sets forth the consequences for violations, including fines.
- Rules & Regs are drafted and adopted by the board, which must follow a specific process to make them legally enforceable.
- Rules & Regs can address many topics, including pets, leasing and smoking. They are specific to the issues that exist for your community.
On Thursday, April 11th at 6 pm, Condoly is hosting an educational webinar with its vendor partners to discuss how to create and adopt Rules & Regulations for your condominium association. Condoly will also introduce a DIY tool to help you effortlessly create your own Rules & Regulations document!
Sign up for a Condoly account to access the webinar and Condoly’s vendor matching platform.