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(a) A proprietor of an apartment or condo in a condo routine owns it exclusively, and also the owner might possess, convey, or overload the house, or subject it to judicial acts, separately of the other apartments in the condo regime.(b) An individual title or passion in a home in a condominium program is recordable.(c) The entire rate of interest in the condo regimen shall be separated among the apartment or condos.


3620, ch. 576, Sec - apartments near greenlake. 1, eff. Jan. 1, 1984. Sec. 81. 107. RATE OF INTERESTS ALIKE ASPECTS. An owner of a home in a condo routine shares possession of the program's typical components with the various other apartment proprietors. A house proprietor might make use of the typical components according to their desired purposes, as expressed in the plat, statement, or laws of the condominium regimen, without conflicting with the civil liberties of the various other apartment or condo owners.


3620, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 108. DIVIDERS OF COMMON ELEMENTS. (a) The ownership of the basic and also the limited common elements of a condo regime may not be judicially segmented or divided while they appropriate for a condo regimen.(b) An individual might not start an activity for dividing of the limited or general common elements of a condominium regime unless the mortgages on the building are paid or the authorization of the mortgagees is acquired.(c) A contract in contrast to this area is void.

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1, eff. An apartment in a condo regimen and the concentrated rate of interest of a home proprietor in the usual elements of the program that are attributable to the house might not be shared individually. If a conveyance of a house does not refer to the common elements, the undivided interest of the house owner in the basic as well as the limited common elements of the regime attributable to the home is communicated with the apartment or condo.


3622, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 110. DISCONTINUATION OF CONDOMINIUM ROUTINE. (a) By consentaneous contract, or if the declaration provides for discontinuation by agreement of the owners, by agreement of the owners of at the very least 67 percent or a specified portion in the declaration, whichever is better, of the possession passions in the condominium, the proprietors of a structure in a condominium regimen may end the regimen and demand the county staff of the area in which the program is situated to merge the records of the estates that consist of the condominium regimen, if any creditors in whose part encumbrances against the structure are recorded accept accept the undivided portions of the home possessed by the debtors as security, offered no amendment might be made to a statement to lower the vote required for termination of the condominium regime - apartments for rent near greenlake.(b) If a condominium routine is terminated, each apartment owner has top article an undistracted rate of interest in the usual residential property that represents the undivided interest previously owned by the apartment or condo proprietor in the usual elements.(c) Residential property that has actually been gotten rid of from a condo program might be dedicated to another condo regimen at any kind of time.




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 CONDOMINIUM DECLARATION. After a condo statement is recorded with a region staff, the statement may not be changed except at a conference of the apartment or condo owners at which the amendment is approved by the owners of a minimum of 67 percent of the possession interests in the condo.

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For the functions of this chapter, the apartment proprietors that have at the very Visit Website least 51 percent of the passions in a condo program, as determined under the affirmation, are a bulk of the house owners. (a) By resolution of a majority of the council of proprietors or in the fashion supplied or required by the statement or bylaws, the council of owners might get the insurance coverage it considers proper for the security of the structures and the house owners.(b) Insurance might be written in the name of the council of proprietors, or in the name of a person designated in the statement or laws, as trustee for the apartment or condo proprietors and their mortgagees.


Unless the council of owners unanimously agrees or else, the insurance coverage continues shall be paid to the private apartment owners or their mortgagees, as their interest might show up, symmetrical to the rate of interest of an apartment proprietor in the condo 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 manager or click reference board of management of a condo regime or a person appointed by the laws of the program shall maintain a thorough composed account of the invoices as well as expenditures associated with the structure as well as its administration that defines the expenditures sustained by the regimen.(b) The accounts as well as supporting vouchers of a condominium regimen will be provided to the house owners for exam on functioning days at practical, well-known, and also publicly introduced hours.(c) The publications as well as records of a condo regimen need to adhere to great bookkeeping treatments as well as need to be examined at the very least once every year by an auditor who is not related to the condominium regime.