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


3620, ch. 576, Sec - apartments for rent near greenwood. 1, eff. Jan. 1, 1984. Sec. 81. 107. RATE OF INTERESTS ALIKE ELEMENTS. A proprietor of a house in a condominium regime shares ownership of the program's typical aspects with the various other house owners. An apartment proprietor might utilize the usual elements according to their intended functions, as revealed in the plat, statement, or laws of the condo routine, without disrupting the rights of the various other house owners.


3620, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 108. PARTITION OF COMMON ASPECTS. (a) The possession of the general as well as the limited typical components of a condo regime may not be judicially partitioned or separated while they appropriate for a condo regimen.(b) An individual may not initiate an activity for partition of the restricted or basic common aspects of a condominium program unless the mortgages on the property are paid or the consent of the mortgagees is obtained.(c) An agreement in contrast to this section is gap.

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1, eff. A house in a condo routine as well as the wholehearted interest of an apartment or condo owner in the common aspects of the regimen that are attributable to the apartment or condo might not be conveyed individually. If a transportation of a house does not refer to the typical components, the concentrated passion of the house owner in the general and the minimal usual aspects of the program attributable to the apartment or condo is communicated with the apartment or condo.


(a) By unanimous agreement, or if the statement provides for discontinuation by agreement of the owners, by agreement of the owners of at least 67 percent or a mentioned portion in the statement, whichever is greater, of the ownership interests in the condo, the owners of a structure in a condo routine might end the routine and demand the region staff of the region in which the program is located to combine the records of the estates that consist of the condominium program, if any kind of financial institutions in whose behalf encumbrances against the structure are tape-recorded agree to approve the undivided parts of the property had by the debtors as security, offered no modification may be made to a statement to lower the ballot required for discontinuation of the condominium program.(b) If a condominium regimen is ended, each home proprietor owns an visit the website undivided passion in the sites usual residential or commercial property that corresponds to the concentrated rate of interest previously possessed by the house owner in the typical components.(c) Property that has actually been removed from a condo regime may be dedicated to an additional condominium routine at any time.




3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Modified by Acts 1989, 71st Leg., ch. 157, Sec. 1, eff. May 25, 1989. Sec. 81. 111. AMENDMENT OF CONDO DECLARATION. After a condominium statement is taped with a county clerk, the statement might not be amended except at a meeting of the home proprietors at which the amendment is accepted by the holders of at the very least 67 percent of the possession rate of interests in the condo.

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For the objectives of this phase, the house proprietors who have at the very least 51 percent of the rate of interests in a condominium routine, as identified under the statement, are a bulk of the apartment or condo proprietors. (a) By resolution of a bulk of the council of owners or in the fashion provided or required by the affirmation or bylaws, the council of proprietors might obtain the insurance it regards appropriate for the security of the structures and also the apartment or condo proprietors.(b) Insurance coverage may be created in the name of the council of proprietors, or in the name of a person marked in the declaration or laws, as trustee for the apartment or condo owners as well as their mortgagees.


Unless the council of proprietors with one voice concurs otherwise, the insurance policy proceeds shall be paid to the specific apartment owners or their mortgagees, as their interest may appear, symmetrical to the passion of a home proprietor in the condo regimen as established by the affirmation. Acts 1983, 68th Leg., p.

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3623, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 209. CONDO RECORDS. (a) The administrator or board of administration of a condo find out this here regimen or an individual appointed by the laws of the routine will maintain a comprehensive written account of the receipts and also expenses connected to the structure and also its administration that defines the costs incurred by the regime.(b) The accounts and also sustaining coupons of a condo routine will be provided to the house proprietors for examination on functioning days at convenient, recognized, as well as publicly introduced hrs.(c) The publications and documents of a condominium regime should follow great bookkeeping procedures and also need to be audited at the very least as soon as yearly by an auditor who is not connected with the condominium regime.