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(a) An owner of an apartment in a condo regimen possesses it exclusively, as well as the owner might have, share, or encumber the apartment or condo, or subject it to judicial acts, individually of the various other apartments in the condo regimen.(b) A specific title or rate of interest in a house in a condominium program is recordable.(c) The whole interest in the condominium regime shall be separated among the apartments.


3620, ch. 576, Sec - apartments for rent near greenwood. 1, eff. Jan. 1, 1984. Sec. 81. 107. INTERESTS ALIKE ELEMENTS. A proprietor of a home in a condominium regime shares possession of the regimen's usual components with the other apartment owners. An apartment or condo proprietor might make use of the typical components according to their designated objectives, as expressed in the plat, declaration, or bylaws of the condo routine, without disrupting the legal rights of the various other home proprietors.


3620, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 108. DIVIDERS OF COMMON ASPECTS. (a) The possession of the basic and also the limited common aspects of a condominium routine might not be judicially separated or split while they appropriate for a condominium regime.(b) An individual may not start an activity for partition of the restricted or general common elements of a condo program unless the home loans on the home are paid or the authorization of the mortgagees is gotten.(c) A contract unlike this area is void.

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3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 109. TRANSPORTATION OF COMMON COMPONENTS. An apartment or condo in a condo regime as well as the undistracted interest of a house proprietor in the usual components of the regimen that are attributable to the house might not be conveyed separately. If a transportation of a house does not refer to the typical components, the concentrated passion of the house owner in the general as well as the limited usual aspects of the regime attributable to the house is shared with the apartment or condo.


3622, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 110. TERMINATION OF CONDO PROGRAM. (a) By unanimous arrangement, or if the affirmation offers termination by arrangement of the proprietors, by arrangement of the holders of at the very least 67 percent or a stated percent in the affirmation, whichever is higher, of the possession rate of interests in the condo, the owners of a structure in a condo regimen may terminate the regimen as well as demand the region clerk of the region in which the program lies to merge the records of the estates that consist of the condo routine, if any kind of financial institutions in whose behalf encumbrances versus the building are tape-recorded concur to approve the wholehearted parts of the property possessed by the borrowers as safety and security, offered no modification may be made to a declaration to lower the ballot needed for termination of the condo routine - apartments near greenlake.(b) If a condo routine is ended, each house owner possesses an undistracted interest in the common property that represents the undivided rate of interest formerly owned by the house owner in the typical components.(c) Residential or commercial property that has actually been eliminated from a condo regimen might be dedicated to an additional condo routine at any time.




3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Changed by Acts 1989, 71st Leg., ch. 157, Sec. 1, eff. May 25, 1989. Sec. 81. 111. CHANGE OF CONDOMINIUM STATEMENT. After a condominium declaration is videotaped with a region staff, the statement Recommended Reading might not be modified except at a meeting of the apartment or condo proprietors at which the modification is approved by the holders of at the very least 67 percent apartments for rent near greenlake of the possession passions in the condominium.

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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 proprietors who own a minimum of 51 percent of the passions in a condominium routine, as determined under the affirmation, are a majority of the home owners (apartments near greenlake). Acts 1983, 68th Leg., p.


3622, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 205. INSURANCE COVERAGE. (a) By resolution of a bulk of the council of proprietors or in the fashion given or called for by the statement or bylaws, the council of owners might obtain the insurance policy it deems ideal for the defense of the buildings and the home owners.(b) Insurance policy may be written in the name of the council of owners, or in the name of a person marked in the statement or laws, as trustee for the apartment or condo proprietors and their mortgagees.


Unless the council of proprietors all concurs otherwise, the insurance continues will be paid to the individual home owners or their mortgagees, as their rate of interest may show up, in proportion to the interest of an apartment or condo proprietor in the condominium program as developed by the declaration. (a) The administrator or board of administration of a condominium regime or an individual assigned by the laws of the regimen will keep a detailed composed account of the receipts and expenses connected to the important link building and also its administration that defines the costs sustained by the routine.(b) The accounts and also supporting coupons of a condo regime shall be made readily available to the apartment or condo proprietors for examination on functioning days at hassle-free, recognized, and publicly revealed hrs.