Which document outlines the rights and responsibilities of condominium owners?

The correct answer is the Declaration. In the context of condominiums, the Declaration is a legal document that provides a comprehensive outline of the rights and responsibilities of individual unit owners, as well as the overall governance of the condominium association. This document typically includes important information such as the description of the property, the boundaries of each unit, common areas, and shared amenities. It also lays out rules regarding the use of the property, maintenance responsibilities, and the process for handling disputes among owners.

Additionally, it is essential for establishing the condominium's legal structure and defining the relationship between the individual unit owners and the condominium association, which is responsible for managing the common elements and enforcing the community's rules. While the Bylaws also play a role in the governance of a condominium, outlining operational procedures for the association, it's the Declaration that is foundational in establishing ownership rights and responsibilities. Regulatory Codes and Property Charters are less specific and do not detail the individual rights of condominium owners as clearly as the Declaration does.