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(a) A proprietor of a home in a condo regime possesses it specifically, and the owner may have, communicate, or encumber the house, or subject it to judicial acts, separately of the other apartment or condos in the condo regime.(b) A private title or rate of interest in an apartment or condo in a condominium program is recordable.(c) The entire interest in the condominium regimen will be split among the apartment or condos.


1, eff. An owner of an apartment in a condo program shares possession of the program's usual aspects with the various other house proprietors. An apartment owner might use the typical elements according to their designated purposes, as revealed in the plat, affirmation, or laws of the condo regime, without interfering with the rights of the other home owners.


3620, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 108. DIVIDING OF COMMON COMPONENTS. (a) The possession of the basic and the limited common elements of a condo regime may not be judicially separated or separated while they appropriate for a condo regimen.(b) An individual may not initiate an activity for partition of the minimal or general common components of a condo routine unless the home loans on the residential property are paid or the authorization of the mortgagees is gotten.(c) An arrangement in contrast to this area is gap.

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3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 109. CONVEYANCE OF COMMON ASPECTS. An apartment in a condominium regimen and the concentrated passion of an apartment owner in the typical components of the regime that are attributable to the home may not be communicated independently. If a transportation of a house does not refer to the typical components, the undivided rate of interest of the apartment or condo proprietor in the basic and the limited typical aspects of the regimen attributable to the home is shared with the house.


3622, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 110. DISCONTINUATION OF CONDOMINIUM REGIME. (a) By consentaneous contract, or if the declaration attends to termination by agreement of the proprietors, by agreement of the holders of a minimum of 67 percent or a stated percent in the statement, whichever is higher, of the possession passions in the condominium, the proprietors of a building in a condo routine may end the program and also request the area clerk of the area in which the routine lies to combine the records of the estates that consist of the condominium regime, if any type of creditors in whose part encumbrances against the structure are recorded concur to approve the undistracted sections of the residential or commercial property possessed by the debtors as protection, provided no change may be made to an affirmation to minimize the ballot needed for termination of the condo regimen - new apartments greenwood.(b) If a condominium routine is ended, each apartment proprietor has an undivided rate of interest in the usual home that represents the undivided interest formerly owned by the home owner in the typical components.(c) Building that has actually been removed from a condominium program may be devoted to one more condominium routine at any kind of time.




3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Changed by Acts 1989, 71st Leg., ch. 157, Sec. 1, her latest blog eff. May 25, 1989. Sec. 81. 111. MODIFICATION OF CONDOMINIUM STATEMENT. After a condo declaration is taped with an area clerk, the statement might not be modified except at a find this meeting of the house proprietors at which the modification is approved by the holders of at the very least 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 BULK. For the functions of this chapter, the apartment or condo proprietors who have at least 51 percent of the interests in a condo program, as figured out under the statement, are a bulk of the home 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 proprietors or in the fashion offered or required by the affirmation or laws, the council of owners may get the insurance policy it deems suitable for the More Help security of the buildings and also the apartment owners.(b) Insurance policy might be created in the name of the council of owners, or for a person designated in the declaration or laws, as trustee for the apartment or condo owners and their mortgagees.


Unless the council of proprietors all concurs or else, the insurance coverage proceeds will be paid to the private apartment or condo owners or their mortgagees, as their passion might appear, in percentage to the interest of an apartment owner in the condo routine as developed by the declaration. (a) The manager or board of administration of a condo routine or a person selected by the laws of the routine will keep a detailed created account of the receipts and also expenditures connected to the structure as well as its management that specifies the expenditures incurred by the regimen.(b) The accounts and sustaining vouchers of a condo regime shall be made readily available to the home proprietors for exam on working days at convenient, well-known, and publicly introduced hours.