Describe how a condominium development is operated, how the rights and obligations of unit owners are defined, and how the condominium deals with the problem of a unit owner who fails to pay his or her share of the operating expenses of the condominium.

The modern condominium is operated by a corporation formed for the express purpose of doing so. The founding documents of the condominium, known as the "description" or "plan," set out the physical aspects of the condominium, and the corporation's founding documents set out the bylaws that all initial and future unit owners must abide by. Once completed, the bylaws regulate the operation of the condominium, particularly with respect to the "common elements" that are shared in tenancy-in-common by all unit owners. A contribution to the operating costs and maintenance of these facilities is required, and any unit owner who fails to pay their share will face action by the corporation to make that contribution. This action is normally a right of lien against the unit itself and is in most provinces provided for statutorily. In most instances this right would be one to put the unit up for sale for the amount of the arrears, not unlike an action for arrears by lenders under a mortgage.