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(a) A proprietor of an apartment or condo in a condominium regimen owns it solely, and also the owner might have, communicate, or overload the apartment or condo, or subject it to judicial acts, separately of the other apartments in the condominium regimen.(b) A private title or passion in an apartment or condo in a condo regime is recordable.(c) The entire passion in the condominium regimen will be separated amongst the houses.

1, eff. An owner of a home in a condo routine shares possession of the regimen's common aspects with the various other apartment owners. An apartment owner may use the typical aspects according to their desired functions, as revealed in the plat, declaration, or laws of the condominium program, without interfering with the rights of the other home proprietors.

3620, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 108. DIVIDERS OF COMMON ASPECTS. (a) The possession of the general as well as the limited typical elements of a condo regimen might not be judicially partitioned or separated while they are ideal for a condo regimen.(b) An individual may not start an activity for partition of the restricted or general usual components of a condo regimen unless the home loans on the property are paid or the authorization of the mortgagees is gotten.(c) A contract in contrast to this section is void.

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1, eff. A home in a condo routine as well as the concentrated passion of an apartment owner in the common aspects of the program that are attributable to the apartment might not be shared separately. If a conveyance of an apartment does not refer to the usual components, the concentrated passion of the home proprietor in the basic and also the minimal common elements of the program attributable to the apartment is conveyed with the house.

(a) By consentaneous contract, or if the affirmation gives for discontinuation by agreement of the proprietors, by contract of the holders of at least 67 percent or a specified portion in the statement, whichever is higher, of the possession rate of interests in the condo, the proprietors of a structure in a condominium program may terminate the regime and demand the area staff of the region in which the routine is located to merge the records of the estates that make up the condo regimen, if any kind of financial institutions in whose part encumbrances against the building are taped concur to approve the concentrated parts of the residential or commercial property owned by the borrowers as protection, navigate to this site gave no change may be made to a declaration to reduce the ballot needed for termination of the condo routine.(b) If a condominium regime is ended, each apartment or condo owner owns a concentrated rate of interest in the common home that corresponds to the undivided passion previously had by the apartment owner in the common elements.(c) Residential or commercial property that has actually been eliminated from a condo routine might be committed to one more condo routine at any time.


3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Modified by Acts 1989, 71st Leg., ch. 157, Sec. 1, eff. May 25, 1989. Sec. 81. 111. AMENDMENT OF CONDO DECLARATION. After a condo declaration is taped with a region clerk, the statement may not be modified except at a conference of original site the home proprietors at which the amendment is authorized by the owners 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. BALLOT BULK. For the objectives of this phase, the house owners who own at least 51 percent of the interests in a condo regimen, as determined under the declaration, are a majority of the home 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 majority of the council of owners or in the fashion given or called for by the statement or bylaws, the council of owners might obtain the insurance it regards ideal for the defense of the structures and the apartment proprietors.(b) Insurance policy may be created in the name of the council of owners, or in the name of an individual designated in the affirmation or bylaws, as trustee for the home owners and their mortgagees.

Unless the council of proprietors with one voice agrees otherwise, the insurance policy proceeds will be paid to the specific apartment proprietors or their mortgagees, as their rate of interest might appear, in proportion to the passion of an apartment or condo owner in the condo program as developed by the affirmation. (a) The manager or board of administration of a condominium routine or an individual appointed by the bylaws of the program will keep a comprehensive written account of the receipts as well as expenditures associated to the structure and its administration that defines the expenditures incurred article source by the routine.(b) The accounts and also supporting vouchers of a condominium routine shall be made offered to the apartment proprietors for examination on working days at convenient, well-known, and also openly revealed hours.

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