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3618, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 104. APARTMENT POSSESSION. (a) A proprietor of a house in a condo regime owns it specifically, and also the proprietor might have, communicate, or encumber the apartment, or subject it to judicial acts, independently of the various other homes in the condominium regimen.(b) An individual title or passion in a home in a condominium regimen is recordable.(c) The whole passion in the condominium regime shall be separated amongst the apartment or condos.(d) An individual might own a house in a condominium program collectively or in typical with others.(e) A condominium association might not alter or destroy a house or a restricted typical element without the permission of all proprietors impacted and the first lien mortgagees of all affected owners.


3620, ch. 576, Sec - apartments for rent near greenlake. 1, eff. Jan. 1, 1984. Sec. 81. 107. RATE OF INTERESTS IN COMMON ELEMENTS. An owner of a home in a condominium program shares ownership of the program's usual elements with the various other house proprietors. A house owner might make use of the typical elements according to their intended functions, as shared in the plat, declaration, or laws of the condominium program, without hindering the civil liberties of the various other house owners.


3620, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 108. PARTITION OF COMMON ELEMENTS. (a) The ownership of the basic and the restricted usual aspects of a condominium routine may not be judicially partitioned or split while they are ideal for a condominium program.(b) A person might not initiate an activity for dividers of the minimal or basic usual aspects of a condominium regime unless the home loans on the residential property are paid or the consent of the mortgagees is acquired.(c) An arrangement unlike this area is space.

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3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 109. TRANSPORTATION OF COMMON ELEMENTS. A home in a condo routine and also the undistracted passion of a house owner in the typical aspects of the regime that are attributable to the home might not be conveyed independently. If a transportation of an apartment or condo does not refer to the common components, the undistracted rate of interest of the apartment or condo proprietor in the basic and the limited typical aspects of the routine attributable to the apartment is shared with the apartment.


3622, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 110. TERMINATION OF CONDOMINIUM PROGRAM. (a) By consentaneous arrangement, or if the declaration attends to termination by arrangement of the proprietors, by arrangement of the holders of a minimum of 67 percent or a specified percentage in the statement, whichever is better, of the possession passions in the condo, the owners of a structure in a condo regimen may end the regimen as well as demand the area staff of the region in which the regimen 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 taped accept accept the concentrated portions of the residential property had by the borrowers as protection, offered no amendment might be made to a statement to reduce the ballot required for termination of the condo routine - apartments near greenlake.(b) If a condominium program is terminated, each house proprietor has a wholehearted more info here interest in the common residential or commercial property that corresponds to the wholehearted rate of interest previously possessed by the home owner in the usual aspects.(c) Residential property that has been removed from a condo regimen might be devoted to another condo program any time.




1, eff. CHANGE OF CONDO AFFIRMATION. After a condominium statement is videotaped with an area clerk, the statement might not be amended except at a meeting of the apartment owners at which the change is approved by the owners of at least 67 percent of the ownership rate of interests 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 phase, the apartment proprietors that own a minimum of 51 percent of the interests in a condo routine, as determined under the declaration, are a majority of the house owners (apartments near greenlake). Acts 1983, 68th Leg., p.


3622, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 205. INSURANCE COVERAGE. (a) By resolution of a majority of the council of owners or in the fashion provided or called for by the statement or bylaws, the council of proprietors may get the insurance coverage it regards suitable for the protection of the buildings and also the house owners.(b) Insurance policy might be created in the name of the council of proprietors, or for a person assigned in the affirmation or bylaws, as trustee for the house owners and also their mortgagees.


Unless the council of proprietors with one voice concurs or else, the insurance policy continues will be paid to the private house owners or their mortgagees, as their passion may appear, symmetrical to the interest of a home proprietor in the condo program as established by the declaration. Acts 1983, 68th Leg., p.

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3623, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 209. CONDO DOCUMENTS. (a) click over here The manager or board of my website administration of a condominium routine or an individual designated by the laws of the regime shall keep a thorough composed account of the receipts and expenditures connected to the structure and also its administration that defines the expenditures sustained by the regimen.(b) The accounts as well as sustaining coupons of a condo routine will be made readily available to the house owners for examination on functioning days at practical, well established, as well as publicly announced hrs.(c) The books and records of a condo routine should follow good accountancy treatments and must be audited at least when every year by an auditor who is not connected with the condo program.