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3618, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 104. APARTMENT OWNERSHIP. (a) A proprietor of an apartment in a condominium program possesses it exclusively, and also the proprietor may possess, convey, or overload the home, or subject it to judicial acts, independently of the various other apartments in the condo regime.(b) A specific title or passion in an apartment or condo in a condo regimen is recordable.(c) The entire passion in the condo program will be separated among the homes.(d) A person may own an apartment in a condo program jointly or alike with others.(e) A condominium association might not modify or damage an apartment or condo or a limited typical element without the permission of all owners influenced and the first lien mortgagees of all influenced owners.


1, eff. A proprietor of a home in a condominium routine shares possession of the program's typical elements with the other apartment or condo owners. An apartment or condo proprietor might make use of the usual components according to their designated purposes, as expressed in the plat, declaration, or bylaws of the condo regimen, without interfering with the rights of the other home owners.


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1, eff. (a) The ownership of the basic as well as the limited common components of a condo routine may not be judicially partitioned or divided while they are appropriate for a condominium program.(b) A person may not start an activity for dividing of the minimal or general usual aspects of a condominium routine unless the mortgages on the residential property are paid or the approval of the mortgagees is obtained.


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1, eff. A house in a condo regimen and the wholehearted rate of interest of a house proprietor in the common components of the regimen that are attributable to the home might not be communicated individually. If a conveyance of an apartment does not refer to the usual components, the concentrated rate of interest of the apartment owner in the basic and also the minimal typical components of the routine attributable to the apartment or condo is communicated with the house.


(a) By unanimous agreement, or if the declaration offers for termination by contract of the owners, by contract of the owners of at the very least 67 percent or a mentioned percentage in the statement, whichever is better, of the ownership passions in the condo, the owners of a structure in a condo regimen might terminate the program and demand the area clerk of the county in which the regimen is located to merge the documents of the estates that comprise the condominium navigate to this website regime, if any kind of lenders in whose behalf encumbrances against the building are taped agree to approve the concentrated portions of the property owned by the debtors as security, gave no amendment may be made to a declaration to reduce the ballot needed for discontinuation of the condo routine.(b) If a condominium regime is ended, each house proprietor has an undivided rate of interest in the common property that matches to the undivided passion previously owned by the home proprietor in the typical aspects.(c) Building that has actually been eliminated from a condominium regime might be devoted to an additional condo regime at any type of 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 CONDO STATEMENT. After a condominium statement is recorded with an area clerk, the affirmation may not be changed other than at a meeting of the apartment or condo owners at which the modification is approved by the holders of at the very least 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 phase, the apartment owners who have at the very least Recommended Reading 51 percent of the interests in a condominium program, as established under the affirmation, are a bulk of the home proprietors (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 majority of the council of proprietors or in the fashion given or required by the declaration or laws, the council of owners may get the insurance coverage it considers suitable for the defense of the structures and the house owners.(b) Insurance might be created in the name of the council of owners, or for a person designated in the declaration or laws, as trustee for the apartment or condo proprietors as well as their mortgagees.


Unless you could look here the council of proprietors unanimously agrees or else, the insurance policy proceeds will be paid to the individual house owners or their mortgagees, as their rate of interest may appear, in percentage to the interest of an apartment owner in the condominium regime as developed by the declaration. (a) The administrator or board of management of a condominium regimen or a person assigned by the bylaws of the regime will keep a detailed created account of the invoices and expenditures associated to the building as well as its management that specifies the costs incurred by the regimen.(b) The accounts as well as supporting coupons of a condominium regimen will be made available to the apartment or condo proprietors for assessment on functioning days at practical, recognized, and openly announced hours.

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