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3618, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 104. APARTMENT OWNERSHIP. (a) A proprietor of a home in a condo regimen has it exclusively, and the proprietor might possess, convey, or encumber the house, or subject it to judicial acts, individually of the other apartment or condos in the condominium regimen.(b) A private title or rate of interest in a house in a condominium regimen is recordable.(c) The entire rate of interest in the condominium program will be split among the houses.(d) An individual may possess an apartment in a condominium regime jointly or in common with others.(e) A condo association might not alter or damage an apartment or a restricted common component without the approval of all owners influenced and the initial lien mortgagees of all impacted owners.

3620, ch. 576, Sec - apartments for rent near greenlake. 1, eff. Jan. 1, 1984. Sec. 81. 107. PASSIONS IN COMMON ASPECTS. A proprietor of an apartment in a condominium regime shares ownership of the program's common components with the various other apartment or condo owners. An apartment proprietor might make use of the common components according to their desired purposes, as expressed in the plat, affirmation, or laws of the condominium program, without disrupting the civil liberties of the various other home owners.

3620, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 108. DIVIDERS OF COMMON ASPECTS. (a) The ownership of the basic as well as the limited typical elements of a condo routine might not be judicially separated or divided while they are suitable for a condominium program.(b) An individual might not launch an activity for dividers of the minimal or basic usual components of a condominium routine unless the home loans on the residential property are paid or the approval of the mortgagees is acquired.(c) A contract as opposed to this area is space.

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3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 109. TRANSPORTATION OF COMMON ELEMENTS. A home in a condo regimen and the concentrated passion of an apartment proprietor in the common elements of the routine that are attributable to the apartment or condo might not be shared individually. If a transportation of a home does not describe the typical aspects, the undistracted interest of the apartment or condo proprietor in the general as well as the limited common elements of the regimen attributable to the home is conveyed with the apartment.

(a) By consentaneous arrangement, or if the declaration provides for termination by arrangement of the proprietors, by arrangement of the owners of at the very least 67 percent or a mentioned percent in the declaration, whichever is higher, of the ownership passions in the condo, the owners of a building in a condominium program may terminate the program and demand the area clerk of the area in which the regimen is located to merge the records of the estates that make up the condominium program, if any creditors in whose behalf encumbrances versus the building are taped agree to accept the undistracted sections of the building possessed by the borrowers as protection, provided no modification might be made to an affirmation to decrease the ballot required for discontinuation of the condo program.(b) If a condominium regime is ended, each home proprietor owns a concentrated rate of interest in the common residential property that matches to the concentrated rate of interest previously possessed by the apartment proprietor in the typical components.(c) Residential property that has been removed from a condo regime may be committed to one more condo routine at any type of time.


3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Modified by Acts 1989, 71st Leg., ch. 157, Sec. 1, eff. May 25, 1989. Sec. 81. 111. AMENDMENT OF CONDO DECLARATION. After a condominium affirmation is recorded with a county clerk, the affirmation may not be changed except at a meeting of the apartment or condo proprietors at which the amendment is accepted by the holders of why not find out more at least 67 percent of the possession interests in the condo.

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3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 203. VOTING MAJORITY. For the functions of this chapter, the house owners that own a minimum of 51 percent of the passions in a condo program, as figured out under the statement, discover here are a majority of the apartment proprietors (new apartments greenwood). Acts 1983, 68th Leg., p.

3622, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 205. INSURANCE. (a) By resolution of a majority of the council of owners or in the fashion provided or required by the affirmation or laws, the council of owners might obtain the insurance it regards proper for the protection of the structures and the apartment proprietors.(b) Insurance coverage might be composed in the name of the council of owners, or in the name of an individual designated in the affirmation or bylaws, as trustee for the apartment owners and their mortgagees.

Unless the council of proprietors with one voice agrees otherwise, the insurance coverage proceeds shall be paid to the private house proprietors or their mortgagees, as their rate of interest might show up, symmetrical to the interest of a home owner in the condo regime as established by the statement. Acts 1983, 68th Leg., p.

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3623, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 209. CONDOMINIUM DOCUMENTS. (a) The administrator or board of management of a condominium regime or a person appointed by the bylaws of the program shall keep a detailed written account of the invoices and also expenses associated with the building and its management that defines the expenditures sustained by the regimen.(b) The accounts and supporting vouchers of here are the findings a condo regimen will be made available to the apartment owners for assessment on working days at convenient, well-known, as well as openly introduced hrs.(c) Guides as well as documents of a condominium routine must adhere to good accounting procedures and also must be examined at the very least when yearly by an auditor who is not linked with the condominium program.

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