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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 program possesses it specifically, as well as the proprietor may have, communicate, or encumber the home, or subject it to judicial acts, individually of the other apartments in the condo program.(b) A specific title or rate of interest in a home in a condo regime is recordable.(c) The whole rate of interest in the condominium regime will be divided amongst the houses.(d) A person might own a house in a condo program collectively or in common with others.(e) A condo association might not alter or ruin an apartment or a restricted usual aspect without the authorization of all owners influenced and the very first lien mortgagees of all influenced owners.


3620, ch. 576, Sec - apartments for rent near greenlake. 1, eff. Jan. 1, 1984. Sec. 81. 107. PASSIONS ALIKE ELEMENTS. An owner of a house in a condominium regimen shares possession of the regimen's common components with the various other apartment or condo owners. An apartment or condo proprietor might use the typical components according to their desired objectives, as shared in the plat, affirmation, or bylaws of the condominium regimen, without conflicting with the legal rights of the various other house proprietors.


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1, eff. (a) The possession of the basic as well as the restricted usual aspects of a condominium regime might not be judicially partitioned or separated while they are appropriate for a condominium regimen.(b) A person might not initiate an activity for dividers of the limited or basic 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 or condo in a condominium regimen and also the undivided interest of an apartment proprietor in the common elements of the regime that are attributable to the home might not be communicated separately. If a transportation of a house does not refer to the common elements, the wholehearted passion of the apartment or condo owner in the general and also the restricted common elements of the routine attributable to the house is conveyed with the home.


(a) By consentaneous arrangement, or if the declaration provides for discontinuation by agreement of the proprietors, by arrangement of the holders of at the very least 67 percent or a stated percentage in the declaration, whichever from this source is greater, of the possession interests in the condominium, the owners of a structure in a condo regimen might terminate the routine as well as demand the county staff of the county in which the regimen Discover More Here is located to combine the documents of the estates that consist of the condo routine, if any type of financial institutions in whose part encumbrances against the structure are taped agree to accept the undistracted portions of the home owned by the debtors as security, gave no modification may be made to a declaration to reduce the ballot required for termination of the condominium program.(b) If a condo routine is terminated, each home proprietor has a concentrated passion in the usual property that matches to the undivided interest previously had by the apartment or condo owner in the usual elements.(c) Property that has been gotten rid of from a condominium regime might be devoted to another condo regimen 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 CONDOMINIUM STATEMENT. After a condo declaration is taped with an area clerk, the statement might not be amended other than at a meeting of the apartment or condo owners at which the change is accepted by the holders of a minimum of 67 percent of the ownership passions in the condo.


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3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 203. VOTING BULK. For the functions of this chapter, the home proprietors who own at the very least 51 percent of the passions in a condo regime, as established under the declaration, are More Help a majority of the house owners (modern apartments greenwood). 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 way offered or called for by the declaration or laws, the council of proprietors might acquire the insurance policy it deems proper for the security of the structures and the apartment owners.(b) Insurance coverage might be composed in the name of the council of proprietors, or for a person marked in the affirmation or bylaws, as trustee for the apartment owners and their mortgagees.


Unless the council of owners unanimously concurs or else, the insurance proceeds shall be paid to the specific apartment or condo owners or their mortgagees, as their passion might appear, in percentage to the rate of interest of an apartment proprietor in the condominium regime as established by the statement. (a) The manager or board of management of a condo regimen or a person selected by the bylaws of the program will maintain a thorough created account of the invoices and also expenditures connected to the building as well as its administration that specifies the expenses sustained by the program.(b) The accounts and also sustaining vouchers of a condo regimen shall be made available to the apartment owners for exam on working days at hassle-free, established, and also publicly revealed hours.

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