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(a) A proprietor of a home in a condominium regime has it exclusively, as well as the proprietor may have, convey, or overload the apartment, or subject it to judicial acts, individually of the various other houses in the condo program.(b) A specific title or interest in a home in a condominium regimen is recordable.(c) The whole interest in the condominium routine will be divided among the apartment or condos.

1, eff. A proprietor of a home in a condo program shares possession of the regime's common elements with the other house owners. A house proprietor may utilize the common components according to their desired purposes, as expressed in the plat, declaration, or bylaws of the condominium regimen, without conflicting with the civil liberties of the various other home proprietors.

1, eff. (a) The ownership of the general and also the restricted typical aspects of a condo routine might not be judicially segmented or split while they are suitable for a condo routine.(b) A person may not initiate an activity for partition of the minimal or basic common components of a condo regimen unless the home loans on the building are paid or the permission of the mortgagees is obtained.

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1, eff. A home in a condo regimen and also the wholehearted passion of a home proprietor in the typical aspects of the routine that are attributable to the house may not be conveyed separately. If a transportation of a home does not refer to the usual aspects, the wholehearted passion of the apartment owner in the basic and also the restricted typical elements of the regimen attributable to the apartment or condo is communicated with the apartment or condo.

(a) By consentaneous arrangement, or if the affirmation gives for discontinuation by arrangement of the owners, by contract of the holders of at the very least 67 percent or a stated portion in the statement, whichever is better, of the possession passions in the condo, the proprietors of a structure in a condominium routine may terminate the regimen and demand the region staff of the area in which the routine is situated to combine the records of the estates that make up the condominium regime, if any type of lenders in whose behalf encumbrances against the structure are videotaped concur to approve the wholehearted parts of the home owned by the borrowers as protection, offered no change may be made to a declaration to reduce the ballot needed for discontinuation of the condominium program.(b) If a condo program is ended, each apartment or condo owner owns a wholehearted passion in the typical building that corresponds to the wholehearted rate of interest formerly owned by the home owner in the typical aspects.(c) Property that has been eliminated from a condo program may be dedicated to one more condo regime at any kind of time.


3621, ch. my site 576, Sec. 1, eff. Jan. 1, 1984. Modified by Acts 1989, 71st Leg., ch. 157, Sec. 1, eff. May 25, 1989. Sec. 81. 111. MODIFICATION OF CONDOMINIUM AFFIRMATION. After a condominium statement is recorded with a county staff, the statement might not be amended other than at a meeting of the home owners at which the change is approved by the holders of at least 67 percent of the ownership interests in the condominium.

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For the objectives of this chapter, the home proprietors that own at the very least 51 percent of the passions in a condominium regimen, as identified under the affirmation, are a bulk of the house owners. (a) By resolution of a majority of the council of owners or in the fashion offered or required by the affirmation or laws, the council of owners may obtain the insurance policy it regards suitable for the defense of the buildings and the apartment owners.(b) Insurance might be composed in the name of the council of owners, or in the name of an individual marked in the affirmation or bylaws, as trustee for the house owners and their mortgagees.

Unless the council of owners with one voice agrees otherwise, the insurance policy proceeds shall be paid to the private apartment owners or their mortgagees, as their rate of interest might appear, in proportion to the passion of an apartment proprietor 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. CONDOMINIUM DOCUMENTS. (a) The manager or board of management of a condominium regimen or a person appointed by the laws of the regime will maintain a comprehensive composed account of the receipts as well as expenditures associated with the structure and also its administration that specifies the expenditures sustained by the routine.(b) The accounts and supporting vouchers of a why not find out more condominium routine shall be provided to the home owners for examination on functioning days at hassle-free, recognized, as well as publicly revealed hours.(c) The publications and also records of a condominium regime must abide by great audit procedures and must be investigated at the very least once annually by an great post to read auditor that is not connected with the condo regimen.

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