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3618, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 104. APARTMENT OWNERSHIP. (a) A proprietor of a house in a condo routine has it solely, and the owner may possess, convey, or overload the house, or subject it to judicial acts, separately of the various other houses in the condo regime.(b) A private title or rate of interest in a home in a condo routine is recordable.(c) The entire passion in the condominium regime will be divided among the houses.(d) A person may possess a house in a condo program collectively or in common with others.(e) A condo organization might not alter or ruin an apartment or a limited usual element without the consent of all proprietors affected and also the first lien mortgagees of all impacted proprietors.


1, eff. A proprietor of an apartment in a condo regime shares possession of the program's common elements with the other home proprietors. An apartment or condo proprietor might make use of the typical elements according to their desired purposes, as revealed in the plat, affirmation, or bylaws of the condo regimen, without interfering with the legal rights of the other apartment or condo proprietors.


3620, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 108. PARTITION OF COMMON ASPECTS. (a) The ownership of the basic and the limited typical aspects of a condominium program may not be judicially segmented or separated while they are ideal for a condominium regimen.(b) An individual might not initiate an action for partition of the minimal or basic common aspects of a condominium regimen unless the mortgages on the property are paid or the permission of the mortgagees is acquired.(c) An arrangement in contrast to this section is gap.

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3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 109. TRANSPORTATION OF COMMON COMPONENTS. An apartment in a condo program and also the undistracted passion of a house proprietor in the common elements of the regime that are attributable to the apartment or condo may not be shared independently. If a transportation of a house does not describe the common elements, the concentrated passion of the apartment proprietor in the basic as well as the minimal usual components of the program attributable to the apartment or condo is shared with the apartment.


3622, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 110. TERMINATION OF CONDO REGIME. (a) By consentaneous arrangement, or if the declaration attends to discontinuation by contract of the owners, by contract of the holders of at the very least 67 percent web or a stated percent in the statement, whichever is better, of the possession interests in the condominium, the owners of a structure in a condo regimen might end the routine as well as request the county staff of the region in which the routine lies to merge the documents of the estates that consist of the condominium program, if any creditors in whose behalf encumbrances versus the structure are pop over to this site tape-recorded concur to approve the undivided portions of the residential property had by the borrowers as protection, gave no modification may be made to a statement to lower the ballot required for termination of the condominium regimen - new apartments greenwood.(b) If a condo program is ended, each home proprietor has an undivided passion in the usual property that represents the undivided interest formerly had by the home owner in the usual aspects.(c) Home that has actually been removed from a condo regime might be dedicated to an additional condominium regimen 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 CONDOMINIUM STATEMENT. After a condominium statement is taped with an area staff, the affirmation might not be amended except at a conference of the house owners at which the modification is accepted by the owners of at the very least 67 percent of the possession interests in the condominium.

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3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 203. VOTING BULK. For the purposes of this chapter, the apartment owners try here who possess a minimum of 51 percent of the rate of interests in a condominium regime, as figured out under the declaration, are 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 POLICY. (a) By resolution of a bulk of the council of proprietors or in the manner offered or called for by the affirmation or bylaws, the council of proprietors may get the insurance it deems appropriate for the defense of the buildings and also the apartment owners.(b) Insurance coverage might be created in the name of the council of proprietors, or in the name of an individual designated in the statement or bylaws, as trustee for the home proprietors as well as their mortgagees.


Unless the council of owners with one voice agrees otherwise, the insurance coverage proceeds will be paid to the private house owners or their mortgagees, as their rate of interest may appear, in percentage to the interest of a home owner in the condominium routine as established by the statement. (a) The manager or board of administration of a condominium regimen or a person designated by the laws of the regime shall keep an in-depth written account of the receipts as well as expenses connected to the building and its administration that defines the expenditures incurred by the routine.(b) The accounts as well as sustaining vouchers of a condominium routine will be made readily available to the apartment or condo proprietors for examination on working days at hassle-free, well-known, as well as publicly introduced hrs.