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3618, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 104. APARTMENT POSSESSION. (a) An owner of a house in a condominium program owns it exclusively, and also the proprietor might possess, communicate, or encumber the house, or subject it to judicial acts, independently of the various other apartments in the condo regimen.(b) A specific title or passion in an apartment or condo in a condo regimen is recordable.(c) The whole passion in the condo regimen shall be split amongst the homes.(d) A person may own an apartment or condo in a condo regimen collectively or alike with others.(e) A condominium organization may not change or destroy an apartment or a limited usual aspect without the consent of all proprietors affected and also the initial lien mortgagees of all affected proprietors.

3620, ch. 576, Sec - apartments for rent near greenwood. 1, eff. Jan. 1, 1984. Sec. 81. 107. PASSIONS IN COMMON COMPONENTS. A proprietor of an apartment in a condo routine shares possession of the regimen's typical aspects with the other home proprietors. A house proprietor might make use of the typical components according to their designated functions, as revealed in the plat, declaration, or laws of the condo regimen, without disrupting the rights of the various other home owners.

3620, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 108. DIVIDING OF COMMON ELEMENTS. (a) The ownership of the general and also the limited usual aspects of a condominium regime may not be judicially segmented or separated while they are appropriate for a condominium regimen.(b) An individual might not initiate an activity for dividing of the restricted or basic usual aspects of a condo regime unless the home loans on the building are paid or the authorization of the mortgagees is gotten.(c) A contract as opposed to this area is void.

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3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 109. CONVEYANCE OF COMMON ELEMENTS. An apartment in a condominium regimen and the concentrated passion of an apartment owner in the typical elements of the program that are attributable to the house may not be communicated individually. If a transportation of an apartment does not describe the usual elements, the concentrated passion of the apartment owner in the basic and also the restricted usual elements of the program attributable to the house is communicated with the apartment or condo.

(a) By unanimous agreement, or if the declaration provides for discontinuation by arrangement view it of the proprietors, by arrangement of the holders of at least 67 percent or a stated percentage in the declaration, whichever is better, of the possession interests in the condominium, the owners of a building in a condo regimen might terminate the routine and request the region clerk of the area in which the regime is Learn More Here located to combine the records of the estates that consist of the condominium program, if any lenders in whose part encumbrances against the structure are videotaped agree to accept the undistracted parts of the residential or commercial property owned by the borrowers as security, supplied no change may be made to a statement to lower the ballot required for termination of the condo program.(b) If a condominium regimen is ended, each house proprietor possesses an undivided rate of interest in the common home that corresponds to the undivided interest formerly owned by the apartment proprietor in the usual components.(c) Property that has actually been gotten rid of from a condominium regime might be dedicated to an additional condominium regime at any type 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. MODIFICATION OF CONDOMINIUM STATEMENT. After a condominium declaration is taped with a region staff, the declaration might not be amended except at a conference of the apartment proprietors at which the change is accepted by the owners of a minimum of 67 percent of the ownership interests in the condo.

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3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 203. BALLOT MAJORITY. For the purposes of this chapter, the apartment proprietors who possess at the very least 51 percent of the interests in a condo regimen, as determined under the declaration, are a majority of the house owners (apartments for rent near greenwood). Acts 1983, 68th Leg., p.

3622, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 205. INSURANCE. (a) By resolution of a majority of the council of owners or in the fashion given or required by the affirmation or laws, the council of owners might obtain the insurance coverage it deems appropriate for the security of the buildings and also the house owners.(b) Insurance coverage may be created in the name of the council of proprietors, or in the name of a person marked in the affirmation or bylaws, as trustee for the apartment or condo owners and also their mortgagees.

Unless the council of owners with one voice concurs otherwise, the insurance policy continues will be paid to the individual from this source home owners or their mortgagees, as their rate of interest may show up, in proportion to the passion of an apartment owner in the condo routine as established by the declaration. (a) The manager or board of management of a condo regimen or a person designated by the bylaws of the regime shall maintain a detailed created account of the invoices as well as expenses connected to the building and also its administration that specifies the expenditures incurred by the routine.(b) The accounts and also sustaining vouchers of a condo program will be made available to the house owners for evaluation on functioning days at practical, well established, and also publicly announced hours.

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