body: If the execution of payment to HOA homeowners is specified in the HOA Governing document (specific term?), is it not a contract? I ask because if the explicit payment instruction is not followed (e.g. the payment is less than formula prescribed in the document), does the owner not have cause to seek remedy in small claims court / mediation for small enough amounts?
  
  
  Maybe the better question, is when would it not be a contract wherein the owner would be unable to seek remedy in court / mediation?
  
  
  
title: Is it a contract: HOA Bylaws?