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3618, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 104. APARTMENT POSSESSION. (a) An owner of a home in a condo routine owns it solely, as well as the owner might possess, communicate, or overload the home, or subject it to judicial acts, separately of the other homes in the condominium routine.(b) A specific title or rate of interest in an apartment in a condominium regime is recordable.(c) The whole rate of interest in the condominium program shall be split amongst the houses.(d) An individual may possess a home in a condominium routine collectively or alike with others.(e) A condominium organization may not alter or damage an apartment or condo or a limited usual component without the approval of all proprietors influenced and also the very first lien mortgagees of all affected proprietors.

3620, ch. 576, Sec - modern apartments greenwood. 1, eff. Jan. 1, 1984. Sec. 81. 107. PASSIONS IN COMMON ASPECTS. A proprietor of an apartment or condo in a condo regime shares ownership of the routine's common elements with the other home owners. An apartment or condo owner may utilize the typical components according to their designated objectives, as expressed in the plat, statement, or laws of the condominium program, without hindering the civil liberties of the other apartment proprietors.

1, eff. (a) The possession of the general and also the restricted common components of a condo regime might not be judicially separated or split while they are appropriate for a condominium regimen.(b) An individual might not start an activity for dividers of the limited or basic usual components of a condominium regimen unless the home mortgages on the building are paid or the consent of the mortgagees is acquired.

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1, eff. An apartment in a condo program and also the concentrated passion of an apartment or condo proprietor in the typical aspects of the program that are attributable to the house may not be conveyed separately. If a conveyance of a house does not refer to the common components, the concentrated rate of interest of the home proprietor in the general as well as the restricted typical elements of the regime attributable to the home is shared with the home.

(a) By consentaneous agreement, or if the statement provides for discontinuation by arrangement of the owners, by contract of the holders of at the very least 67 percent or a specified percent in the declaration, whichever is better, of the possession interests in the condo, the proprietors of a structure in a condo program might end the program and request the area staff of the county in which the program is situated to combine the records of the estates that consist of the condominium regime, if any type of creditors in whose part encumbrances versus the structure are recorded concur to approve the undistracted parts of the home owned by the borrowers as safety and security, gave no amendment might be made to a declaration to minimize the ballot required for termination of the condominium regimen.(b) If a condo program is terminated, each home owner owns an undistracted interest in the typical home that corresponds to the undistracted rate of interest formerly had by the home proprietor in the common aspects.(c) Residential or commercial helpful site property that has been removed from a condo regime may be dedicated to an additional condominium regime at any 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 CONDOMINIUM AFFIRMATION. After a condominium declaration is taped with a county clerk, the declaration might not be changed except at a meeting of the home proprietors at which the modification is accepted by the holders of a minimum of 67 percent of the possession rate of interests in the condo.

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For the purposes of this phase, the house proprietors who possess at the very least 51 percent of the passions in a condominium program, as identified under the declaration, are a majority of the apartment proprietors. (a) By resolution of a majority of the council of proprietors or in the fashion offered or required by the declaration or laws, the council of proprietors may get the insurance coverage it deems ideal for the security of the structures as well as the more tips here home proprietors.(b) Insurance might be composed in the name of the council of owners, or in the name of a person assigned in the statement or bylaws, as trustee for the home proprietors and their mortgagees.

Unless the council of proprietors with one voice agrees or else, the insurance continues will be paid to the specific apartment or condo proprietors or their mortgagees, as their passion might show up, symmetrical to the interest of a house owner in the condo 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. CONDO RECORDS. (a) The administrator or board of management of a condo regime or an individual selected by the laws of the regime shall maintain a comprehensive created account of the receipts and expenditures connected to the building and also its administration that defines the costs sustained by the regime.(b) The accounts and also supporting a knockout post coupons of a condo regime shall be offered to the house proprietors for assessment on working days at practical, established, as well as openly introduced hours.(c) The publications and documents of a condominium routine need to comply with good bookkeeping treatments and also should be investigated at the very least once every year by an auditor that is not connected with the condo regimen.

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