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(a) A proprietor of a house in a condo routine owns it specifically, and the proprietor may have, communicate, or overload the house, or subject it to judicial acts, independently of the various other homes in the condominium regimen.(b) An individual title or interest in an apartment or condo in a condominium regimen is recordable.(c) The entire rate of interest in the condo regime shall be separated amongst the apartments.3620, ch. 576, Sec - apartments near greenlake. 1, eff. Jan. 1, 1984. Sec. 81. 107. INTERESTS ALIKE ELEMENTS. An owner of a home in a condo regime shares possession of the regime's typical components with the other home proprietors. An apartment owner may make use of the common elements according to their designated objectives, as expressed in the plat, affirmation, or bylaws of the condo routine, without conflicting with the civil liberties of the other house proprietors.

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1, eff. An apartment or condo in a condo regime and the undistracted rate of interest of a home proprietor in the usual components of the regimen that are attributable to the home may not be conveyed independently. If a conveyance of an apartment does not refer to the common aspects, the undistracted rate of interest of the apartment or condo owner in the general and also the limited usual components of the program attributable to the house is communicated with the house.
(a) By unanimous contract, or if the affirmation provides for discontinuation by contract of the proprietors, by arrangement of the owners of at least 67 percent or a specified portion in the affirmation, whichever is greater, of the ownership rate of interests in the condo, the owners of a structure in a condominium regime may terminate the regimen and also demand the region staff of the region in which the program is situated to combine the records of the estates that consist of the condo regime, if any kind of creditors in whose part encumbrances versus the structure are tape-recorded agree to accept the concentrated portions of the home possessed by the debtors as safety, offered no amendment may be made to a declaration to decrease the vote needed for discontinuation of the condo regime.(b) If a condominium regimen is ended, each apartment or condo owner owns a wholehearted passion in the typical home that corresponds to the concentrated passion previously owned by the apartment proprietor in the typical aspects.(c) Property that has actually been eliminated from a condominium regime may be dedicated to an additional condominium regime 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. CHANGE OF CONDO AFFIRMATION. After a read more condominium affirmation is videotaped with a region staff, the declaration might not be modified except at a meeting of the apartment proprietors at which the change is approved by the holders of a minimum of 67 percent of the possession rate of interests in the condo.
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For the objectives of this phase, the apartment proprietors that possess at the very least 51 percent of the rate of interests in a condominium regimen, more as identified under the statement, are a majority of the house proprietors. (a) By resolution of a bulk of the council of proprietors or in the manner given or required by the declaration or bylaws, the council of proprietors might acquire the insurance policy it deems suitable for the defense of the structures and the apartment owners.(b) Insurance coverage may be composed in the name of the council of proprietors, or in the name of a person marked in the statement or bylaws, as trustee for the home owners and their mortgagees.
Unless the council of proprietors with one voice agrees otherwise, the insurance continues will be paid to the specific apartment owners or their mortgagees, as their interest may show up, in proportion to the passion of an apartment or condo proprietor in the condominium regime as developed 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 RECORDS. (a) The manager or board of management of a condominium regime or an individual appointed by the laws of the regimen will keep a comprehensive composed account of the invoices as well as expenditures associated with the building and also its management that defines the costs incurred by the regimen.(b) The accounts and also supporting coupons of a condominium routine shall be provided to the home owners for assessment on working days at look at here hassle-free, recognized, and publicly introduced hours.(c) Guides and records of a condo regimen should abide with great bookkeeping treatments and must be audited at least when every year by an auditor that is not linked with the condo regimen.