In condominium ownership, what is typically governed by the association's rules?

In condominium ownership, the rules set forth by the condominium association are designed to manage and regulate the behavior of residents and the use of shared amenities effectively. These rules often cover a wide range of issues, including how residents should conduct themselves, guidelines for noise levels, pet ownership, maintenance responsibilities, and the proper use of common areas like pools, gyms, and clubhouses. This governance helps foster a harmonious living environment and ensures all members of the community adhere to certain standards that enhance property values and resident satisfaction.

Other options, such as property taxes, insurance premiums, and unit sale prices, are generally not determined by the association's rules. Property taxes are typically assessed by local governments based on property valuations, while insurance premiums may be influenced by the overall risk factors and coverage options individual owners choose. Similarly, unit sale prices are dictated by market conditions and individual seller decisions rather than the regulations imposed by the condo association. Thus, the association's rules play a crucial role in maintaining order and enhancing the lifestyle of members in a condominium community.