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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 condo regimen possesses it exclusively, and the owner might have, convey, or encumber the home, or subject it to judicial acts, separately of the other apartment or condos in the condominium routine.(b) A private title or rate of interest in a house in a condo routine is recordable.(c) The whole passion in the condo regimen will be split among the homes.(d) A person might have a home in a condominium regime jointly or in common with others.(e) A condo association might not alter or ruin a home or a restricted common element without the consent of all owners affected and also the very first lien mortgagees of all affected proprietors.

1, eff. A proprietor of an apartment or condo in a condominium regimen shares ownership of the regimen's typical components with the other apartment proprietors. A house proprietor may utilize the typical components according to their intended objectives, as expressed in the plat, affirmation, or bylaws of the condo regimen, without conflicting with the civil liberties of the various other house owners.

1, eff. (a) The possession of the general as well as the minimal typical elements of a condo routine might not be judicially partitioned or split while they are suitable for a condominium regimen.(b) A person may not initiate an activity for dividing of the limited or general usual elements of a condominium regime unless the home mortgages on the building are paid or the authorization of the mortgagees is gotten.

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1, eff. An apartment in a condo program and the undistracted rate of interest of a house owner in the typical aspects of the routine that are attributable to the house may not be conveyed individually. If a conveyance of a house does not refer to the common elements, the undivided interest of the home proprietor in the basic and also the limited usual aspects of the routine attributable to the apartment is shared with the home.

(a) By unanimous arrangement, or if the affirmation gives for discontinuation by agreement of the owners, by arrangement of the owners of at the weblink very least 67 percent or a mentioned percent in the declaration, whichever is better, of the ownership rate of interests in the condo, the owners of a structure in a condo routine might end the regimen and demand the county clerk of the region in which the program is situated to combine the records of the estates that make up the condo routine, if any financial view it now institutions in whose part encumbrances versus the building are tape-recorded concur to accept the wholehearted parts of the residential or commercial property owned by the borrowers as safety, supplied no modification may be made to a declaration to decrease the ballot required for termination of the condo regimen.(b) If a condominium regime is ended, each apartment owner possesses a wholehearted rate of interest in the typical residential property that matches to the undivided rate of interest previously possessed by the apartment proprietor in the common aspects.(c) Home that moved here has been gotten rid of from a condo regimen may be dedicated to one more condominium routine at any type of 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. AMENDMENT OF CONDO DECLARATION. After a condominium declaration is tape-recorded with an area clerk, the affirmation might not be amended except at a conference of the house owners at which the change is accepted by the holders of at the very least 67 percent of the ownership interests 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 apartment or condo owners who have a minimum of 51 percent of the interests in a condominium routine, as figured out under the declaration, are a majority of the home 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 majority of the council of owners or in the manner provided or required by the affirmation or bylaws, the council of owners might get the insurance policy it regards ideal for the security of the buildings and the home owners.(b) Insurance policy might be composed in the name of the council of owners, or for a person marked in the statement or laws, as trustee for the apartment or condo owners and their mortgagees.

Unless the council of owners all agrees otherwise, the insurance coverage continues shall be paid to the specific apartment owners or their mortgagees, as their passion may appear, in percentage to the interest of a house proprietor in the condo routine as developed by the affirmation. (a) The administrator or board of administration of a condo regime or a person assigned by the bylaws of the program shall keep a comprehensive written account of the receipts and also expenditures associated to the structure as well as its administration that defines the costs incurred by the routine.(b) The accounts and also sustaining coupons of a condominium routine will be made readily available to the apartment or condo proprietors for assessment on functioning days at convenient, recognized, and also openly introduced hrs.

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