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(a) A proprietor of a home in a condominium program owns it solely, and also the proprietor might possess, communicate, or overload the home, or subject it to judicial acts, individually of the other houses in the condominium regimen.(b) A specific title or interest in a home in a condo program is recordable.(c) The entire rate of interest in the condominium program will be split among the homes.


3620, ch. 576, Sec - new apartments greenwood. 1, eff. Jan. 1, 1984. Sec. 81. 107. PASSIONS ALIKE ASPECTS. A proprietor of a house in a condominium regimen shares ownership of the regimen's common aspects with the other house proprietors. An apartment or condo owner may use the usual components according to their designated functions, as shared in the plat, affirmation, or bylaws of the condominium routine, without hindering the legal rights of the various 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 condominium regimen might not be judicially separated or separated while they appropriate for a condominium program.(b) An individual may not start an action for dividing of the limited or basic common aspects of a condo routine unless the home mortgages on the residential or commercial property are paid or the permission of the mortgagees is obtained.(c) An arrangement contrary to this section is space.

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3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 109. CONVEYANCE OF COMMON ELEMENTS. An apartment or condo in a condominium routine as well as the concentrated passion of a home owner in the typical aspects of the regime that are attributable to the apartment or condo may not be communicated individually. If a transportation of a house does not refer to the usual elements, the undistracted rate of interest of the apartment or condo owner in the basic as well as the minimal usual elements of the program attributable to the house is communicated with the apartment or condo.


3622, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 110. DISCONTINUATION OF CONDOMINIUM PROGRAM. (a) By unanimous contract, or if the declaration attends to discontinuation by contract of the owners, by contract of the holders of at the very least 67 percent or a specified portion in the statement, whichever is higher, of the ownership passions in the condominium, the proprietors of a building in a condominium routine might end the routine as well as request the area staff of the area in which the routine is situated to merge the records of the estates that comprise the condominium program, if any creditors in whose part encumbrances against the building are videotaped agree to accept the browse around this site wholehearted portions of the property owned by the debtors as protection, supplied no modification may be made to a declaration to minimize the vote needed for termination of the condominium program - apartments near greenlake.(b) If a condominium program is ended, each apartment or condo owner possesses a concentrated passion in the typical property that represents the concentrated passion previously owned by the apartment proprietor in the common aspects.(c) Building that has been gotten rid of from a condominium routine may be dedicated to an additional condo regime any time.




1, eff. MODIFICATION OF CONDO AFFIRMATION. After a condominium statement is tape-recorded with an area clerk, the affirmation may not be modified other than at a meeting of the why not try this out apartment or condo owners at which the amendment is approved by the owners of at least 67 percent of the ownership passions in the condominium.

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For the objectives of this phase, the apartment owners that possess at least 51 percent of the passions in a condominium regimen, as identified under the statement, are a bulk of the apartment or condo proprietors. (a) By resolution of a bulk of the council of proprietors or in the manner offered or needed by the affirmation or laws, the council of owners might acquire the insurance it considers suitable for the security click here to find out more of the structures and the apartment proprietors.(b) Insurance might be composed in the name of the council of owners, or in the name of a person marked in the declaration or laws, as trustee for the home owners and also their mortgagees.


Unless the council of owners all concurs otherwise, the insurance proceeds will be paid to the individual apartment proprietors or their mortgagees, as their passion might appear, in proportion to the passion of an apartment proprietor in the condominium regime as established 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 manager or board of management of a condo routine or a person assigned by the laws of the regimen will maintain a comprehensive written account of the invoices and also expenses related to the structure as well as its management that specifies the expenses incurred by the regimen.(b) The accounts and also sustaining vouchers of a condominium regimen will be made available to the house owners for assessment on working days at practical, recognized, as well as openly revealed hrs.(c) Guides and documents of a condo regime have to follow excellent accountancy treatments and also should be investigated at the very least once every year by an auditor that is not connected with the condo routine.