What are specific rules or restrictions outlined in governing documents called?

Prepare for the Ontario Condominium Management License Test with flashcards and multiple choice questions, each equipped with hints and explanations. Get ready for success!

The term that refers to specific rules or restrictions outlined in governing documents is "provisions." In the context of condominium management, provisions are detailed guidelines that dictate how certain aspects of the condominium association will operate. These can include rules regarding the use of common areas, voting rights, and responsibilities of the unit owners and the board.

Provisions are crucial as they lay the foundation for how the condominium operates and ensures that all members understand their rights and obligations. They help maintain order and ensure that the community functions smoothly, as they provide a clear framework for managing the property and addressing any potential conflicts that may arise among residents.

While policies, bylaws, and regulations can also contain rules or address various aspects of the condominium's governance, "provisions" specifically denotes the individual rules included in these documents. Bylaws typically serve as the overarching framework, while regulations can refer to rules within the bylaws or additional rules set within the community. Policies may outline broader governance strategies or approaches that are not strictly about rules or restrictions.

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