The governing documents of a community interest community typically include which of the following?

The governing documents of a community interest community, such as a homeowners association or planned community, typically include rules and regulations because these documents establish the standards and protocols that govern the behavior of residents and the use of community property. They outline what is permissible within the community, including guidelines on noise, landscaping, parking, and other behavioral norms.

These rules and regulations are crucial for maintaining order and harmony within the community, and they play a role in protecting property values by ensuring that all residents adhere to a consistent set of standards. They also serve as a reference point for what members can expect from the governing body and what is expected of them in turn.

Other documents like annual financial statements, insurance policies, and meeting minutes play important roles in the overall governance of the community but are not classified as governing documents in the same sense. Financial statements provide fiscal accountability, insurance policies protect against liabilities, and meeting minutes record the discussions and decisions made during board meetings, all of which are vital to community management but do not directly establish the rules for community living.