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(a) An owner of an apartment or condo in a condo regime owns it exclusively, as well as the proprietor may possess, convey, or overload the apartment or condo, or subject it to judicial acts, separately of the various other apartments in the condominium regime.(b) A private title or interest in a home in a condominium program is recordable.(c) The whole passion in the condominium regimen will be divided amongst the homes.


3620, ch. 576, Sec - apartments near greenlake. 1, eff. Jan. 1, 1984. Sec. 81. 107. RATE OF INTERESTS IN COMMON COMPONENTS. A proprietor of a house in a condo regimen shares possession of the routine's usual aspects with the various other apartment or condo owners. An apartment proprietor might utilize the common components according to their designated purposes, as revealed in the plat, affirmation, or bylaws of the condo regimen, without hindering the legal rights of the other apartment or condo owners.


1, eff. (a) The possession of the general and also the minimal common elements of a condominium routine may not be judicially partitioned or divided while they are appropriate for a condominium regime.(b) An individual may not launch an activity for dividing of the minimal or basic typical components of a condo regime unless the home mortgages on the residential or commercial property are paid or the permission of the mortgagees is obtained.

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1, eff. A house in a condominium regime and also the concentrated rate of interest of an apartment or condo proprietor in the typical elements of the regimen that are attributable to the apartment might not be shared independently. If a conveyance of an apartment or condo does not refer to the typical components, the undistracted passion of the house owner in the general as well as the restricted usual components of the program attributable to the home is communicated with the home.


(a) By unanimous agreement, or if the statement offers for discontinuation by arrangement of the owners, by arrangement of the owners of at the very least 67 percent or a mentioned percentage in the affirmation, whichever is higher, of the possession interests in the condominium, the owners of a building in a condo routine may terminate the regime and also demand the region staff of the region in which the regimen is located to merge the documents of the estates that make up the condominium program, if any kind of lenders in whose behalf encumbrances versus the building are videotaped concur to accept the undistracted parts of the residential or commercial property had by from this source the debtors as safety, offered no amendment may be made to a declaration to lower the ballot needed for discontinuation of the my company condo regimen.(b) If a condo routine is ended, each apartment proprietor has a wholehearted interest in the common residential property that corresponds to the undistracted rate of interest formerly owned by the apartment owner in the common components.(c) Home that has actually been gotten rid of from a condominium regimen may be dedicated to an additional condo 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 AFFIRMATION. After a condo declaration is recorded with a region staff, see post the declaration may not be modified except at a meeting of the apartment proprietors at which the amendment is authorized by the owners of a minimum of 67 percent of the possession passions in the condo.

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3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 203. VOTING MAJORITY. For the objectives of this phase, the apartment or condo proprietors who have a minimum of 51 percent of the interests in a condominium routine, as figured out under the statement, are a majority of the house proprietors (new apartments greenwood). Acts 1983, 68th Leg., p.


3622, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 205. INSURANCE. (a) By resolution of a bulk of the council of owners or in the fashion given or called for by the statement or laws, the council of owners might obtain the insurance coverage it regards appropriate for the defense of the structures as well as the apartment or condo owners.(b) Insurance coverage might be written in the name of the council of proprietors, or in the name of a person marked in the declaration or bylaws, as trustee for the house proprietors and also their mortgagees.


Unless the council of proprietors all agrees otherwise, the insurance proceeds will be paid to the specific home owners or their mortgagees, as their interest may appear, symmetrical to the rate of interest of a house proprietor in the condominium regimen as established by the statement. Acts 1983, 68th Leg., p.

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3623, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 209. CONDOMINIUM DOCUMENTS. (a) The manager or board of management of a condominium program or a person appointed by the laws of the program will maintain an in-depth created account of the receipts as well as expenditures associated with the structure and its administration that specifies the costs sustained by the regime.(b) The accounts as well as sustaining coupons of a condo regime shall be provided to the apartment or condo proprietors for evaluation on functioning days at practical, well established, as well as publicly revealed hrs.(c) The books and records of a condo program have to comply with great bookkeeping procedures and must be examined a minimum of when each year by an auditor that is not related to the condominium program.