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3618, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 104. APARTMENT OWNERSHIP. (a) An owner of a house in a condo regimen possesses it specifically, as well as the proprietor might have, communicate, or encumber the house, or subject it to judicial acts, separately of the other houses in the condominium regime.(b) A specific title or passion in a home in a condominium program is recordable.(c) The whole interest in the condo routine will be split amongst the apartment or condos.(d) A person may own a house in a condominium program collectively or in typical with others.(e) A condominium organization might not alter or damage a house or a limited usual element without the approval of all owners impacted as well as the first lien mortgagees of all affected owners.


1, eff. An owner of an apartment or condo in a condominium regimen shares ownership of the regimen's usual elements with the various other apartment owners. An apartment or condo proprietor might make use of the typical components according to their intended functions, as revealed in the plat, statement, or bylaws of the condominium routine, without interfering with the legal rights of the various other apartment or condo proprietors.


1, eff. (a) The ownership of the general and also the minimal typical elements of a condo routine might not be judicially segmented or divided while they are ideal for a condo routine.(b) A person may not initiate an action for dividing of the limited or general common aspects of a condominium program unless the mortgages on the property are paid or the approval of the mortgagees is acquired.

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3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 109. TRANSPORTATION OF COMMON ASPECTS. A home in a condominium program as well as the undistracted rate of interest of an apartment owner in the typical aspects of the regime that are attributable to the apartment or condo may not be conveyed independently. If a transportation of an apartment or condo does not refer to the common aspects, the wholehearted rate of interest of the home owner in the basic and also the minimal usual elements of the regime attributable to the house is conveyed with the apartment.


(a) By consentaneous agreement, or if the declaration supplies for discontinuation by contract of the proprietors, by contract of the holders of at least 67 percent or a specified portion in the affirmation, whichever is greater, of the ownership rate of interests in the condominium, the proprietors of a structure in a condominium regimen might end the regime and demand the area clerk of the area in which the regime is located to merge the records of the estates that consist of the condominium regime, if any financial institutions in whose part encumbrances against the building are recorded agree to accept the undistracted parts of the residential property owned by the borrowers as security, offered no modification may be made to a statement to decrease the ballot needed for termination of the condo regime.(b) If a condo routine is terminated, each house owner possesses an undistracted rate of interest in the usual residential property that corresponds to the undistracted passion formerly owned by the apartment owner in the usual elements.(c) Residential or commercial property that has been gotten rid of from a condo routine may be dedicated to an additional condo regimen at any kind of 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. MODIFICATION OF CONDO AFFIRMATION. After a condo declaration is recorded with an area staff, the statement might not be amended except at a conference of the apartment owners at which the modification is authorized by the holders of at least 67 percent of the possession rate of interests in the condominium.

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3621, ch. More hints 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 203. VOTING MAJORITY. For the functions of this chapter, the house owners who have a minimum of 51 percent of the interests in a condo program, as figured out under the statement, are a majority of the apartment or condo owners (modern apartments greenwood). Acts 1983, 68th Leg., p.


3622, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 205. INSURANCE POLICY. (a) By resolution of a bulk of the council of owners or in the way offered or called for by the statement or bylaws, the council of proprietors might acquire the insurance coverage it deems appropriate for the protection of the structures as well as modern apartments greenwood the apartment or condo proprietors.(b) Insurance coverage may be written in the name of the council of owners, or for a person marked in the statement or bylaws, as trustee for the house owners and also their mortgagees.


Unless the council of owners with one voice agrees otherwise, the insurance policy proceeds shall be paid to the specific apartment proprietors or their mortgagees, as their rate of interest might show up, symmetrical to the interest of a house proprietor in the condo 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. CONDOMINIUM RECORDS. (a) The administrator or board of administration of a condominium program or a person designated by the laws of the regime will keep a thorough created account of the receipts as well as expenses associated with the building and its management that defines the expenses sustained by the regimen.(b) The accounts and supporting vouchers of a condominium program Recommended Site will be made offered to the home proprietors for examination on functioning days at convenient, well established, as well as publicly revealed hrs.(c) The books and also documents of a condominium program need to follow excellent bookkeeping treatments as well as should be examined a minimum of once annually by an auditor who is not connected with the condo regimen.