Definition
The legal documents governing your condo—the declaration, bylaws, rules, and meeting minutes. These define your ownership rights, restrictions, and financial obligations.
Where you’ll meet it
What's in the fine print before I make an offer?
See it in Buying a condo or townhome · Step 4About this term
Condo docs are complex legal instruments establishing property rights, common elements, assessments, and governance. Understanding condo docs is critical before purchase as they bind owners. Restrictive docs can significantly impact use and enjoyment of properties.
Pro Tip
Have an attorney review these before you buy. They're complex, and misunderstanding them can cost you money or limit how you use your home.
Example
Condo docs might specify that individual owners own the interior, the association owns structure/systems, and rules limit rental periods