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3618, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 104. APARTMENT POSSESSION. (a) An owner of an apartment in a condominium regime owns it specifically, as well as the owner may possess, communicate, or overload the house, or subject it to judicial acts, independently of the various other houses in the condominium regime.(b) A private title or passion in a house in a condo regime is recordable.(c) The whole rate of interest in the condo regimen shall be split amongst the apartments.(d) An individual may have an apartment or condo in a condominium routine jointly or alike with others.(e) A condominium association might not change or destroy an apartment or condo or a restricted typical component without the consent of all owners affected and the very first lien mortgagees of all affected proprietors.

1, eff. An owner of an apartment or condo in a condo program shares ownership of the program's usual components with the other house owners. A home proprietor might utilize the common components according to their designated objectives, as revealed in the plat, declaration, or bylaws of the condo program, without conflicting with the rights of the various other home owners.

3620, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 108. DIVIDERS OF COMMON COMPONENTS. (a) The ownership of the basic and the minimal typical elements of a condo routine may not be judicially separated or separated while they are ideal for a condo program.(b) An individual might not initiate an action for dividers of the minimal or basic common elements of a condominium routine unless the home mortgages on the residential or commercial property are paid or the permission of the mortgagees is gotten.(c) An arrangement unlike this section is space.

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1, eff. An apartment or condo in a condominium routine and the concentrated passion of a house proprietor in the usual aspects of the regimen that are attributable to the house might not be communicated separately. If a transportation of a home does not refer to the typical aspects, the wholehearted interest of the apartment owner in the basic as well as the minimal usual components of the regime attributable to the apartment or condo is communicated with the house.

3622, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 110. DISCONTINUATION OF CONDOMINIUM REGIME. (a) By unanimous contract, or if the affirmation supplies for termination by agreement of the proprietors, by arrangement of the owners of at the very least 67 percent or a stated percentage in the statement, whichever is greater, of the possession rate of interests in check out this site the condo, the proprietors of a structure in a condominium program might terminate the regime and request the area staff of the county in which the program is situated to merge the documents of the estates that consist of the condominium program, if any kind of financial institutions in whose behalf encumbrances versus the building are videotaped agree to approve the wholehearted portions of the building owned by the debtors as protection, gave no amendment might be made to a statement to minimize the vote required for termination of the condominium regimen - apartments near greenlake.(b) If a condo regime is ended, each house owner has a concentrated interest in the typical home that represents the concentrated interest previously possessed by the home proprietor in the usual elements.(c) Residential property that has actually been eliminated from a condo routine may be committed to another condo program at any moment.


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. AMENDMENT OF CONDO AFFIRMATION. After a condominium declaration is tape-recorded with a county staff, the statement might not be changed except at a meeting of the apartment or condo proprietors at which the modification is authorized by the owners of a minimum of 67 percent of additional resources the possession passions in the condo.

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For the functions of this phase, the home proprietors who possess at the very least 51 percent of the rate of interests in a condo regime, as figured out under the statement, are a majority of the house owners. (a) By resolution of a bulk of the council of proprietors or in the manner given or called for by the statement or bylaws, the council of owners might acquire the insurance it deems appropriate for the protection of the structures as well as the apartment proprietors.(b) Insurance policy might be written in the name of the council of proprietors, or in the name of a person designated in the declaration or bylaws, as trustee for the house proprietors and their mortgagees.

Unless the council of proprietors unanimously concurs or else, the insurance proceeds shall be paid to the specific apartment proprietors or their mortgagees, as their interest may show up, symmetrical to the rate of interest of an apartment or condo proprietor in the condominium regime as developed by the declaration. Acts 1983, 68th Leg., p.

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3623, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 209. CONDOMINIUM RECORDS. (a) The administrator or board of management of a condominium regime or an individual designated by the bylaws of the see this website regime shall maintain a thorough composed account of the invoices and also expenses connected to the structure as well as its administration that specifies the expenditures incurred by the routine.(b) The accounts and also supporting vouchers of a condominium regime shall be offered to the house owners for assessment on working days at practical, well-known, and also publicly revealed hours.(c) Guides as well as documents of a condominium regime should comply with excellent audit procedures as well as must be audited a minimum of when annually by an auditor who is not associated with the condo regimen.

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