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(a) An owner of a house in a condominium regimen has 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 other apartments in the condominium routine.(b) An individual title or interest in a house in a condo regime is recordable.(c) The entire interest in the condominium regime shall be separated among the apartments.


1, eff. An owner of a home in a condo program shares ownership of the regime's usual components with the various other apartment owners. A house owner might utilize the usual components according to their desired objectives, as shared in the plat, declaration, or bylaws of the condo regimen, without conflicting with the rights of the other house owners.


1, eff. (a) The possession of the basic and also the restricted typical elements of a condo program might not be judicially segmented or divided while they are ideal for a condominium regimen.(b) A person might not initiate an activity for dividers of the minimal or general typical elements of a condo regime unless the home mortgages on the residential or commercial property are paid or the authorization of the mortgagees is acquired.

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1, eff. An apartment in a condominium program and also the concentrated rate of interest of a house owner in the typical elements of the regime that are attributable to the apartment may not be communicated individually. If a conveyance of an apartment does not refer to the usual elements, the undivided passion of the apartment proprietor in the general and also the minimal usual aspects of the routine attributable to the apartment or condo is communicated with the apartment.


(a) By unanimous contract, or if the declaration offers for termination by contract of the owners, by arrangement of the holders of at least 67 percent or a stated percentage in the statement, whichever is better, of the possession rate of interests in the condo, the proprietors of a structure in a condo regimen may end the program as well as request the county staff of the area in which the regimen is situated to combine the documents of the estates that comprise the condo regime, if any kind of financial institutions in whose behalf encumbrances against the structure are taped concur to accept the concentrated portions of the residential or commercial property owned by the borrowers as protection, offered no amendment may be made to an affirmation to minimize the ballot needed for discontinuation of the condo regimen.(b) If a condominium program is terminated, each apartment owner possesses check it out a concentrated interest in the usual property that corresponds to the undivided passion previously owned by the apartment or condo owner in the common aspects.(c) Property that has been removed from a condo routine might be dedicated to an additional condominium routine at any time.




3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Amended by Acts 1989, 71st Leg., ch. 157, Sec. 1, eff. May 25, 1989. Sec. 81. 111. MODIFICATION OF CONDO AFFIRMATION. After a condominium statement is tape-recorded with a region staff, the statement may not be changed except at a meeting of the home proprietors at which the change is accepted by the holders of a minimum of 67 percent of the possession interests in the condominium.

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3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 203. VOTING BULK. For the objectives of this chapter, the house owners who own at the very least 51 percent of the rate of interests in a condo regimen, as figured out under the statement, are a bulk of the house proprietors (apartments for rent 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 owners or in the fashion given or needed by the declaration or laws, the council of owners may acquire the insurance coverage it regards ideal for the security of the buildings and also the apartment or condo owners.(b) Insurance may be composed in the name of the council of proprietors, or in the name of an individual marked in the affirmation or laws, as trustee for the house proprietors and also their mortgagees.


Unless the council of proprietors unanimously this website agrees or else, the insurance coverage continues shall be paid to the individual home owners or their mortgagees, as their passion may show up, in percentage to the interest of a house owner in the condominium regime as established by the statement. (a) The manager or board of administration of a condo routine or a person selected by the bylaws of the routine will keep a detailed composed account of the invoices as well as expenses related to the structure and its management that specifies the costs sustained by the continue reading this routine.(b) The accounts and also sustaining coupons of a condominium program shall be made readily available to the apartment or condo proprietors for evaluation on functioning days at convenient, well-known, and also openly revealed hours.