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(a) A proprietor of an apartment or condo in a condo regimen owns it exclusively, and the owner may possess, communicate, or overload the house, or subject it to judicial acts, independently of the other homes in the condominium regimen.(b) A specific title or rate of interest in an apartment or condo in a condominium regime is recordable.(c) The entire interest in the condominium routine will be split among the apartments.


1, eff. A proprietor of an apartment or condo in a condo regimen shares ownership of the regimen's usual components with the various other apartment or condo owners. A house proprietor may utilize the usual aspects according to their desired purposes, as expressed in the plat, affirmation, or laws of the condominium routine, without interfering with the civil liberties of the various other apartment or condo owners.


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1, eff. (a) The possession of the basic as well as the limited usual aspects of a condominium regimen may not be judicially partitioned or separated while they are appropriate for a condominium routine.(b) A person may not start an activity for dividing of the minimal or general common elements of a condo regimen unless the mortgages on the home are paid or the consent of the mortgagees is gotten.


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3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 109. CONVEYANCE OF COMMON COMPONENTS. A house in a condo regimen and the undistracted rate of interest of an apartment owner in the typical aspects of the routine that are attributable to the apartment or condo might not be shared independently. If a conveyance of an apartment does not refer to the common elements, the undistracted interest of the house owner in the general as well as the restricted common components of the regimen attributable to the home is shared with the apartment or condo.


(a) By unanimous agreement, or if the declaration provides for termination by agreement of the owners, by agreement of the owners of at the very least 67 percent or a mentioned percent in the affirmation, whichever is better, of the possession interests in the condo, the proprietors of a building in a condominium program may terminate the regime and also demand the county clerk of the region in which the regime is located to combine the documents of the estates that comprise the condominium routine, if any kind of financial institutions in whose part encumbrances against the structure are recorded concur to approve the undistracted portions of the residential or commercial property had by the borrowers as protection, offered no change may be made to a statement to lower the ballot required for termination of the condominium regime.(b) If a condominium program is ended, each house owner possesses a wholehearted interest in the see this site typical property that matches to the wholehearted passion formerly owned by the apartment proprietor blog here in the common aspects.(c) Home that has been gotten rid of from a condo routine might be dedicated to an additional condo regimen at any kind of time.




1, eff. AMENDMENT OF CONDOMINIUM AFFIRMATION. After a condominium declaration is videotaped with a county staff, the affirmation might not be amended except at a conference of the apartment owners at which the change is accepted by the owners of at the very least 67 percent of the possession interests in the condo.


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For the functions of this phase, the apartment or condo proprietors who own at least 51 percent of the rate of interests in a condominium program, as figured out under the affirmation, are a bulk of the apartment proprietors. (a) By resolution of a majority of the council of proprietors or in the way provided or required by the affirmation or bylaws, the council of proprietors might acquire the insurance it considers appropriate for the security of the structures and also the apartment or condo proprietors.(b) Insurance may be composed in the name of the council of proprietors, or in the name of a person marked in the statement or laws, as trustee for the apartment or condo owners as well as their mortgagees.


Unless the council of owners unanimously concurs or else, the insurance policy continues shall be paid to the individual house owners or their mortgagees, as their passion may appear, symmetrical to the passion of an apartment or condo owner in the condo regime as developed by the affirmation. Acts 1983, 68th Leg., p.


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3623, ch. 576, you can check here Sec. 1, eff. Jan. 1, 1984. Sec. 81. 209. CONDO RECORDS. (a) The administrator or board of management of a condominium regime or an individual assigned by the laws of the regimen shall maintain a thorough composed account of the receipts and also expenses associated with the building and its management that defines the expenditures incurred by the program.(b) The accounts and also sustaining vouchers of a condominium routine shall be provided to the house proprietors for exam on functioning days at practical, recognized, and openly revealed hrs.(c) Guides and also documents of a condominium regimen should abide with good accounting treatments and also should be investigated a minimum of once yearly by an auditor that is not connected with the condo program.

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