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(a) A proprietor of a home in a condominium routine possesses it exclusively, and the proprietor may have, communicate, or overload the home, or subject it to judicial acts, individually of the other houses in the condominium regime.(b) A private title or interest in an apartment in a condominium program is recordable.(c) The whole interest in the condo regime will be divided among the apartment or condos.


1, eff. A proprietor of an apartment or condo in a condominium regimen shares possession of the regimen's typical aspects with the various other apartment owners. A house owner may use the common aspects according to their designated functions, as shared in the plat, affirmation, or laws of the condominium regime, without interfering with the rights of the other apartment or condo owners.


1, eff. (a) The ownership of the general as well as the minimal usual aspects of a condominium regime might not be judicially separated or split while they are appropriate for a condominium regime.(b) A person might not start an activity for dividers of the minimal or basic usual aspects of a condominium program unless the mortgages on the building are paid or the approval of the mortgagees is obtained.

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3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 109. CONVEYANCE OF COMMON ELEMENTS. A home in a condominium regimen and also the wholehearted interest of an apartment or condo proprietor in the usual elements of the routine that are attributable to the apartment may not be communicated independently. If a conveyance of an apartment or condo does not refer to the typical aspects, the undistracted rate of interest of the home proprietor in the basic and the restricted typical elements of the regime attributable to the apartment is conveyed with the apartment or condo.


(a) By consentaneous arrangement, or if the affirmation gives for discontinuation by contract of the owners, by arrangement of the owners of at the very least 67 percent or a stated percentage in the declaration, whichever is better, of the ownership interests in the condominium, the owners of a structure in a condo regimen might end the routine as well as request the county clerk of the region in which the routine is located to merge the records of the estates that comprise the condominium routine, if any type of financial institutions in whose part encumbrances against the structure are recorded concur to approve the concentrated parts of the building had by the debtors as safety, supplied no change may be made to a statement to decrease the ballot required for discontinuation of the condo routine.(b) If a condominium regime is terminated, each apartment or condo owner possesses an undistracted passion in the common residential or commercial property that matches to the concentrated rate of interest previously possessed by the apartment or condo proprietor in the common components.(c) Building that has been gotten rid of from a condo routine may be devoted to one more condo program at any time.




3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Modified by Acts 1989, 71st Leg., ch. 157, Sec. 1, eff. recommended you read May 25, 1989. Sec. 81. 111. CHANGE OF CONDO AFFIRMATION. After a condominium statement is videotaped with a county staff, the affirmation may not be modified except at a meeting of the house proprietors at which the amendment is authorized by the holders of at least 67 percent of the ownership rate of interests in the condo.

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3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 203. VOTING MAJORITY. For the purposes of this phase, the apartment owners that have at the very least 51 percent of the passions in a condominium program, as identified under the affirmation, are a majority of the home proprietors (new apartments greenwood). Acts 1983, 68th Leg., p.


3622, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 205. INSURANCE POLICY. (a) By resolution of a majority of the council of proprietors or in the way given or needed by the declaration or laws, the council of owners might obtain the insurance coverage it regards suitable for the defense of the buildings and the apartment proprietors.(b) Insurance policy may be composed in the name of the council of owners, or for an individual designated in the statement or bylaws, as trustee for the home owners as well as their mortgagees.


Unless the council of owners unanimously agrees otherwise, the insurance proceeds will be paid to the individual home proprietors or their mortgagees, as their passion might appear, in percentage to the rate of interest of a house proprietor in the condominium regime as developed by the declaration. (a) The administrator or board of administration of a condo routine or an individual appointed by the bylaws of the program shall maintain an in-depth created account of the their explanation invoices and expenditures associated to the structure and also its management that specifies the costs incurred by the check my blog regime.(b) The accounts and supporting coupons of a condo program will be made offered to the apartment owners for evaluation on functioning days at hassle-free, recognized, and also publicly announced hrs.