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(a) A proprietor of an apartment or condo in a condo program owns it specifically, and also the proprietor may have, convey, or overload the apartment or condo, or subject it to judicial acts, individually of the other homes in the condominium regimen.(b) An individual title or rate of interest in an apartment in a condominium regimen is recordable.(c) The whole rate of interest in the condo regime will be divided amongst the apartment or condos.

1, eff. A proprietor of an apartment in a condo program shares possession of the regime's usual elements with the various other house owners. An apartment or condo owner may make use of the usual components according to their intended functions, as revealed in the plat, affirmation, or laws of the condo regimen, without conflicting with the civil liberties of the various other apartment or condo owners.

3620, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 108. DIVIDERS OF COMMON ASPECTS. (a) The possession of the general and the limited common elements of a condominium regime might not be judicially separated or separated while they are appropriate for a condo regimen.(b) An individual may not initiate an activity for dividers of the restricted or general typical components of a condo regime unless the home mortgages on the building are paid or the approval of the mortgagees is acquired.(c) A contract as opposed to this section is gap.

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3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 109. CONVEYANCE OF COMMON ASPECTS. A house in a condominium regimen and also the concentrated passion of an apartment owner in the typical aspects of the regimen that are attributable to the apartment may not be conveyed individually. If a transportation of a home does not describe the usual components, the concentrated passion of the home proprietor in the basic and also the restricted common elements of the program attributable to the home is shared with the home.

(a) By unanimous agreement, or if the declaration supplies for discontinuation by agreement of the proprietors, by agreement of the owners of at least 67 percent or a specified percentage in the declaration, whichever is better, of the ownership rate of interests in the condo, the owners of a building in a condominium routine might terminate the routine and also demand the region staff of the region in which the regimen is situated to merge the documents of the estates that consist of the condominium program, if any type of creditors in whose behalf encumbrances against the building are recorded concur to approve the concentrated sections of the residential or commercial property owned by the debtors as security, gave no modification might be made to a declaration to decrease the vote needed for discontinuation of the condo regimen.(b) If a condo program is terminated, each apartment or condo owner owns a concentrated rate of interest in the common building that matches to useful site the undistracted interest formerly had by the apartment or condo proprietor in the typical aspects.(c) Property that has been removed from a condominium routine may be committed to one more 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. MODIFICATION OF CONDOMINIUM DECLARATION. After a condominium declaration is recorded with a region clerk, the affirmation might not Click This Link be modified except at a conference of the apartment owners at which the modification is authorized by the owners of at the very least 67 percent of the ownership interests in the condo.

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3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 203. BALLOT MAJORITY. For the objectives of this chapter, the home proprietors who possess at least 51 percent of the rate of interests in a condominium program, as established under the statement, are a majority of the house owners (apartments for rent near greenlake). Acts 1983, 68th Leg., p.

3622, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 205. INSURANCE POLICY. (a) By resolution of a bulk of the council of proprietors or in the fashion offered or called for by the declaration or laws, the council of proprietors might obtain the insurance coverage it deems appropriate for the protection of the structures as well as the house owners.(b) Insurance may be created in the name of the council of proprietors, or in the name of an individual marked in the declaration or laws, as trustee for the house proprietors as well as their mortgagees.

Unless the council of proprietors with one voice concurs or else, the insurance policy proceeds shall be paid to the private home proprietors or their mortgagees, as their rate of interest may show up, in proportion to the passion of an apartment or condo owner get redirected here in the condo regime as established by the statement. (a) The manager or board of management of a condominium program or a person designated by the laws of the regime shall keep a comprehensive composed account of the invoices as well as expenditures connected to the structure and its administration that defines the expenses incurred by the routine.(b) The accounts and supporting vouchers of a condo program will be made available to the home owners for exam on functioning days at hassle-free, established, and publicly announced hrs.

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