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3618, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 104. APARTMENT POSSESSION. (a) An owner of an apartment or condo in a condominium program has it specifically, and also the proprietor may have, convey, or overload the home, or subject it to judicial acts, independently of the other apartment or condos in the condo regime.(b) A private title or interest in an apartment or condo in a condominium program is recordable.(c) The entire interest in the condo program will be split among the apartments.(d) A person might have an apartment or condo in a condo regime collectively or alike with others.(e) A condominium association might not modify or ruin an apartment or a limited common component without the approval of all proprietors affected as well as the first lien mortgagees of all affected owners.


1, eff. A proprietor of a house in a condo regimen shares possession of the regimen's usual components with the other apartment proprietors. A home owner may use the typical elements according to their designated purposes, as expressed in the plat, affirmation, or bylaws of the condominium routine, without conflicting with the civil liberties of the other apartment owners.


1, eff. (a) The ownership of the general and the minimal common aspects of a condominium program may not be judicially segmented or separated while they are suitable for a condo regime.(b) A person may not launch an action for dividing of the minimal or basic common aspects of a condo regime unless the home loans on the building are paid or the permission of the mortgagees is gotten.

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1, eff. An apartment in a condo routine as well as the wholehearted passion of an apartment or condo owner in the typical aspects of the routine that are attributable to the apartment might not be communicated independently. If a conveyance of a house does not refer to the usual components, the undistracted interest of the apartment proprietor in the basic as well as the minimal usual aspects of the regime attributable to the apartment or condo is conveyed with the apartment or condo.


3622, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 110. DISCONTINUATION OF CONDO ROUTINE. (a) By unanimous agreement, or if the affirmation offers for termination by agreement of the owners, by contract of the owners of at the very least 67 percent or a specified portion in the statement, whichever is higher, of the ownership interests in the condominium, the proprietors of a building in a condo program might terminate the regime and also request the area clerk of the region in which the routine lies to merge the records of the estates that comprise the condo program, if any lenders in whose part encumbrances versus the building are taped consent to accept the undistracted sections of the property possessed by the borrowers as protection, supplied no amendment might be made to a declaration to lower the vote needed for termination of the condominium routine - apartments for rent near greenlake.(b) If a condo regime is see terminated, each house owner owns an undivided passion in the usual residential or commercial property that corresponds to the wholehearted interest formerly like this had by the apartment or condo owner in the usual aspects.(c) Property that has been gotten rid of from a condominium routine might be dedicated to an additional condo regime at any type of time.




1, eff. MODIFICATION OF CONDO STATEMENT. After a condominium declaration is videotaped with an area staff, the statement might not be changed except at a conference of the apartment or condo owners at which the change is accepted by the owners of at the very least 67 percent of the ownership rate of interests in the condominium.

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For the purposes of this chapter, the home proprietors who have at the very least 51 percent of the passions in a condo program, as determined under the declaration, are a majority of the house owners. (a) By resolution of a majority of the council of proprietors or in the way supplied or called for by the affirmation or laws, the council of more tips here proprietors may acquire the insurance coverage it considers suitable for the security of the structures as well as the apartment owners.(b) Insurance coverage may be composed 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 apartment or condo owners as well as their mortgagees.


Unless the council of proprietors all concurs or else, the insurance coverage proceeds shall be paid to the specific apartment or condo proprietors or their mortgagees, as their passion might show up, in proportion to the interest of an apartment proprietor in the condominium regime 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 RECORDS. (a) The administrator or board of management of a condo routine or a person assigned by the bylaws of the routine shall keep a thorough composed account of the receipts and expenses connected to the structure as well as its administration that defines the expenditures sustained by the routine.(b) The accounts as well as sustaining coupons of a condominium regime will be offered to the apartment owners for exam on working days at practical, well established, and publicly announced hrs.(c) The publications and documents of a condo routine should follow excellent accounting procedures and must be audited at the very least once yearly by an auditor that is not associated with the condo routine.