Covenants Term

Bylaws

Nearby Language

Related terms.

  • CC&Rs (Covenants, Conditions & Restrictions)

    The recorded declaration that binds every lot in a community. It defines what may be built, how property may be used, ho…

  • Declaration

    The umbrella recorded instrument that creates the community and its owners association. The CC&Rs are contained within i…

  • Owners Association

    The nonprofit corporate entity created by the declaration to maintain common areas, administer assessments, and enforce …

  • Assessment

    The periodic dues owners pay to fund common-area maintenance, insurance, amenities, and reserves. Amounts and schedules …

  • Special Assessment

    A one-time charge levied outside the regular budget, typically for a capital project or a shortfall. Procedures and any …

  • Reserve Study

    A professional projection of the useful life and replacement cost of common-area components, used to set reserve funding…

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This guide is independently maintained and was last reviewed August 2026.