What is a primary function of the bylaws in a homeowners association?

The primary function of the bylaws in a homeowners association is to define governance and operational procedures. Bylaws serve as the foundational rules outlining how the association will operate, including the processes for holding meetings, voting, managing finances, and enforcing community rules. They establish the framework for governance, detailing the roles of board members, the procedures for electing them, and how decisions will be made within the community.

In contrast, specifying unit sales prices falls outside the scope of bylaws; such prices are typically determined by the real estate market and individual transactions. Reporting tax assessments is also not a function of bylaws; this is generally managed by tax authorities and does not pertain to the internal governance of the association. Listing available units for sale is a marketing task that would be handled separately, usually by real estate agents or the management team, and is not covered within the bylaws of the homeowners association.