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3618, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 104. APARTMENT POSSESSION. (a) An owner of an apartment in a condominium regimen possesses it exclusively, as well as the owner may possess, communicate, or overload the apartment or condo, or subject it to judicial acts, independently of the various other apartments in the condominium regimen.(b) An individual title or passion in an apartment in a condominium program is recordable.(c) The whole interest in the condominium program shall be separated amongst the homes.(d) An individual might have an apartment in a condominium regimen collectively or alike with others.(e) A condo association may not modify or ruin a home or a minimal usual aspect without the consent of all owners affected as well as the initial lien mortgagees of all affected owners.

1, eff. An owner of a house in a condo regimen shares possession of the regime's usual elements with the various other apartment proprietors. An apartment owner might use the typical components according to their designated purposes, as revealed in the plat, declaration, or laws of the condo regime, without interfering with the rights of the other home proprietors.

3620, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 108. PARTITION OF COMMON COMPONENTS. (a) The ownership of the general as well as the restricted typical aspects of a condo program may not be judicially segmented or divided while they appropriate for a condominium program.(b) An individual may not initiate an activity for partition of the limited or general typical components of a condo routine unless the mortgages on the building are paid or the authorization of the mortgagees is acquired.(c) An arrangement contrary to this section is gap.

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3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 109. TRANSPORTATION OF COMMON ELEMENTS. An apartment or condo in a condominium routine as well as the concentrated passion of an apartment or condo owner in the typical aspects of the regime that are attributable to the apartment might not be communicated separately. If a conveyance of a home does not refer to the common elements, the undistracted passion of the house owner in the basic as well as the minimal common components of the regimen attributable to the apartment is shared with the home.

(a) By consentaneous arrangement, or if the declaration provides for discontinuation by contract of the owners, by arrangement of the owners of at the very least 67 percent or a stated percentage in the statement, whichever is better, of the ownership rate of interests in the condo, the proprietors of a structure in a condominium program might end the routine and also request the region staff of the county in which the regimen is situated to merge the records of the estates that make up the condo regime, if any type of creditors in whose part encumbrances versus the structure are taped concur to approve the undivided sections of the building owned by the borrowers as security, gave no modification may be made to a statement to reduce the ballot required for discontinuation of the condominium regime.(b) If a condominium program is ended, each apartment or condo proprietor owns a wholehearted rate of interest in the usual building that corresponds to the concentrated passion formerly possessed by the apartment proprietor in the typical elements.(c) Residential or commercial property that has actually been gotten rid of from a condo regime may be dedicated to another condo regime have a peek at this site at any kind 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. CHANGE OF CONDO DECLARATION. After a condominium declaration is tape-recorded with a region clerk, the statement might not be modified other than at a meeting of the home proprietors at which the amendment is authorized by the holders of at least 67 percent of the ownership rate of interests in the condominium.

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For the objectives of this phase, the house owners that own at the very least 51 percent of the passions in a condo routine, as identified under the statement, are a majority of the home proprietors. (a) By resolution of a bulk of the council of proprietors or in the manner provided or needed by the statement or bylaws, the council of owners might get the insurance policy it regards appropriate for the security of the buildings and the apartment or condo proprietors.(b) Insurance policy may be written in the name of the council of proprietors, or in the name of an individual designated in the affirmation or laws, as trustee for the home owners as well as their mortgagees.

Unless the council of owners unanimously agrees or else, the insurance continues will be paid to the private home owners or their mortgagees, as their interest might appear, in proportion to the interest of an apartment or condo owner in the condo routine as established by the affirmation. Acts 1983, 68th Leg., p.

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3623, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 209. CONDO find more DOCUMENTS. (a) The manager or board of management of a condo routine or an individual appointed by the laws of the regime shall keep a detailed composed account of the receipts and expenditures associated with the structure and its administration that defines the expenses sustained by the regime.(b) The accounts as well as supporting coupons of a condominium program will be provided to the house owners for exam on working days at practical, well established, and also openly announced hrs.(c) The books as well as documents click over here now of a condo regime must adhere to great accountancy treatments as well as have to be examined at least once yearly by an auditor who is not connected with the condominium regime.

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