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 and regulations that dictate how the association operates, how decisions are made, and the responsibilities of both the board and the members. They outline the structure of the association, including meetings, voting rights, and the duties of officers. This ensures that there is a clear framework for managing the community, resolving conflicts, and addressing issues that arise among members.

In contrast, specifying unit sales prices is not a function of the bylaws but rather a market-driven aspect influenced by local real estate conditions. Reporting tax assessments is also typically outside the scope of what bylaws cover and is usually managed through external government entities. Listing available units for sale is a marketing function and not something that would be detailed in the bylaws. Therefore, the focus on governance and operational procedures is what makes the bylaws crucial for the effective management and functionality of a homeowners association.