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(a) An owner of an apartment in a condominium routine owns it solely, and the owner might possess, convey, or encumber the home, or subject it to judicial acts, independently of the various other houses in the condo regimen.(b) A specific title or rate of interest in an apartment in a condo program is recordable.(c) The entire passion in the condo regimen shall be separated among the apartment or condos.


3620, ch. 576, Sec - apartments for rent near greenlake. 1, eff. Jan. 1, 1984. Sec. 81. 107. RATE OF INTERESTS IN COMMON ASPECTS. A proprietor of an apartment in a condominium regimen shares ownership of the routine's typical components with the other house proprietors. A home proprietor might use the typical aspects according to their desired functions, as expressed in the plat, affirmation, or bylaws of the condo regime, without conflicting with the legal rights of the various other apartment proprietors.


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1, eff. (a) The possession of the basic and the restricted typical aspects of a condominium regimen might not be judicially partitioned or separated while they are appropriate for a condominium routine.(b) An individual may not initiate an activity for partition of the limited or general typical aspects of a condo routine unless the home mortgages on the home are paid or the consent of the mortgagees is obtained.


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3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 109. CONVEYANCE OF COMMON ELEMENTS. An apartment or condo in a condo regime and the undistracted interest of a home owner in the common elements of the program that are attributable to the apartment might not be conveyed separately. If a conveyance of a house does not describe the usual elements, the undistracted passion of the home proprietor in the basic and the limited typical elements of the routine attributable to the apartment or condo is communicated with the apartment or condo.


3622, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 110. DISCONTINUATION OF CONDOMINIUM ROUTINE. (a) By consentaneous contract, or if the statement offers discontinuation by contract of the proprietors, by arrangement of the owners of a minimum of 67 percent or a mentioned percent in the affirmation, whichever is higher, of the possession interests in the condo, the proprietors of a building in a condo routine might terminate find more the regime as well as demand the region staff of the region in which the regime is situated to merge the documents of the estates that consist of the condominium routine, if any kind of lenders in whose behalf encumbrances versus the building are videotaped consent to accept the concentrated parts of the home possessed by the debtors as safety and security, provided no change might be made to a declaration to minimize the vote needed for discontinuation of the condo routine - modern apartments greenwood.(b) If a condo regime is terminated, each apartment proprietor possesses an undivided passion in the common property that represents the wholehearted passion previously possessed by the house owner in the common components.(c) Residential or commercial property that has been eliminated from a condominium regime might be dedicated to one more condominium regimen at any type of time.




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. AMENDMENT OF CONDO DECLARATION. After a condominium affirmation is recorded with an area staff, the statement may not be modified other than at a meeting of the house owners at which the modification is accepted by the holders of a minimum of 67 percent of the possession interests in the condominium.


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3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 203. VOTING BULK. For this hyperlink the functions of this phase, the apartment or condo owners who own at the very least 51 percent of the rate of interests in a condo regime, as determined under the statement, 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. recommended you read (a) By resolution of a majority of the council of proprietors or in the way provided or required by the declaration or laws, the council of proprietors might get the insurance policy it regards ideal for the defense of the structures and the apartment owners.(b) Insurance policy may be created in the name of the council of proprietors, or in the name of an individual marked in the declaration or bylaws, as trustee for the home proprietors and also their mortgagees.


Unless the council of owners all concurs otherwise, the insurance coverage proceeds will be paid to the private apartment or condo owners or their mortgagees, as their passion may show up, in proportion to the passion of an apartment proprietor in the condominium regime as developed by the statement. (a) The manager or board of administration of a condo regime or an individual appointed by the bylaws of the routine shall keep a thorough written account of the invoices as well as expenses associated to the building and its administration that defines the costs incurred by the regime.(b) The accounts and also supporting vouchers of a condo regimen shall be made readily available to the home owners for assessment on working days at practical, established, and also publicly revealed hrs.

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