Which document defines the portions of the development owned by individual owners and those owned by the community association?

• A. CC&Rs define portions of the development owned by individual owners and those owned by the community association.
• B. Bylaws define such ownership.
• C. Budget defines such ownership.
• D. Insurance policy defines such ownership.

Answer: (A)

The CC&Rs define which parts of the development are privately owned by individual owners and which parts are owned by the community association. These covenants, conditions, and restrictions specify the division between separate property (your unit or lot) and common property or common elements (areas owned by the association or shared by all residents, such as parks, sidewalks, pools, and clubhouses). They also outline maintenance responsibilities, assessments, and how use of the common areas is governed.

Bylaws, Budgets, and insurance policies serve different purposes. Bylaws govern how the association operates—board structure, meetings, and voting—not ownership. The Budget lays out anticipated income and expenses and how costs are allocated. Insurance policies describe coverage and limits but do not define who owns which parts of the property.