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(a) An owner of an apartment or condo in a condominium regimen owns it specifically, as well as the proprietor may have, convey, or overload the home, or subject it to judicial acts, separately of the various other apartment or condos in the condominium routine.(b) An individual title or passion in an apartment or condo in a condominium program is recordable.(c) The entire rate of interest in the condominium program shall be split among the houses.


3620, ch. 576, Sec - new apartments greenwood. 1, eff. Jan. 1, 1984. Sec. 81. 107. PASSIONS IN COMMON ASPECTS. An owner of an apartment or condo in a condo routine shares possession of the regimen's common aspects with the other apartment or condo proprietors. A house proprietor may use the usual elements according to their designated objectives, as shared in the plat, statement, or laws of the condo regime, without hindering the rights of the other apartment owners.


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3620, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 108. PARTITION OF COMMON ELEMENTS. (a) The possession of the general and also the limited common components of a condominium regimen might not be judicially segmented or divided while they are appropriate for a condominium regime.(b) A person might not start an action for partition of the restricted or general common components of a condo routine unless the home loans on the home are paid or the authorization of the mortgagees is gotten.(c) An arrangement unlike this area is gap.


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3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 109. CONVEYANCE OF COMMON COMPONENTS. A house in a condo regimen and the concentrated passion of an apartment owner in the typical aspects of the program that are attributable to the house may not be communicated independently. If a conveyance of an apartment does not refer to the common components, the wholehearted passion of the apartment or condo proprietor in the general and the restricted typical aspects of the routine 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 CONDO REGIMEN. (a) By consentaneous agreement, or if the statement attends to termination by contract of the proprietors, by arrangement of the owners of a minimum of 67 percent or a stated percentage in the statement, whichever is higher, of the ownership passions in the condo, the proprietors of a building in a condo regimen might end the regimen and also demand the region staff of the region in which the program lies to combine the records of the estates that make up the condominium regime, if any lenders in whose part encumbrances versus the building are tape-recorded consent to accept the concentrated parts of the home possessed by the debtors as protection, gave no modification may be made to a statement official website to reduce the ballot needed for discontinuation of the condominium program - apartments near greenlake.(b) If a condo program is ended, each apartment proprietor owns an undistracted passion in the common residential property that represents the undistracted passion previously owned by the home owner in the common aspects.(c) Residential property that has actually been removed from a condominium regime may be devoted to an additional condo program at any moment.




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. MODIFICATION OF CONDOMINIUM AFFIRMATION. After a condominium affirmation is taped with a region staff, the statement might not be amended other than at a meeting of the apartment owners at which the amendment is accepted by the owners of at the very least 67 percent of the ownership passions in the condo.


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3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 203. BALLOT MAJORITY. For the functions of this chapter, the home owners who possess at the very least 51 percent of the interests in a condo regimen, as established under the declaration, are a bulk of the apartment or condo owners (new apartments greenwood). Acts 1983, 68th Leg., p.


3622, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 205. INSURANCE POLICY. (a) By resolution of a majority of the council of owners or in the fashion supplied or called for by the statement or bylaws, the council of owners might acquire the insurance coverage it deems suitable for the security of the structures and also the house proprietors.(b) Insurance may be created in the name of the council of owners, or in the name of an individual designated in the statement or laws, as trustee for the apartment or condo proprietors and also their mortgagees.


Unless the council of owners with one voice agrees otherwise, the insurance continues shall be paid to the specific home owners or their mortgagees, as their passion might show up, in proportion to the passion of an apartment or helpful hints condo owner in the condo regime as established by the declaration. (a) visit The manager or board of administration of a condominium routine or a person selected by the bylaws of the regimen will keep an in-depth written account of the invoices as well as expenses related to the structure and its administration that specifies the expenditures sustained by the regime.(b) The accounts as well as sustaining vouchers of a condominium regimen shall be made offered to the house proprietors for assessment on functioning days at hassle-free, well established, and also openly revealed hours.

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