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3618, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 104. APARTMENT POSSESSION. (a) A proprietor of an apartment in a condo regime has it exclusively, as well as the owner may have, convey, or overload the house, or subject it to judicial acts, separately of the other homes in the condo program.(b) An individual title or interest in a house in a condominium program is recordable.(c) The entire interest in the condominium regime will be divided amongst the apartments.(d) An individual may possess a house in a condominium program collectively or in typical with others.(e) A condominium association might not modify or damage a home or a limited usual element without the consent of all proprietors influenced as well as the first lien mortgagees of all impacted owners.

3620, ch. 576, Sec - modern apartments greenwood. 1, eff. Jan. 1, 1984. Sec. 81. 107. PASSIONS ALIKE ELEMENTS. An owner of a house in a condominium regime shares ownership of the regimen's typical aspects with the various other house owners. A home proprietor might make use of the common aspects according to their intended purposes, as expressed in the plat, affirmation, or bylaws of the condo regimen, without hindering the civil liberties of the other house owners.

3620, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 108. DIVIDING OF COMMON ASPECTS. (a) The ownership of the basic and the minimal common aspects of a condo program may not be judicially separated or separated while they are suitable for a condo regime.(b) An individual might not launch an action for dividing of the limited or basic usual elements of a condominium routine unless the home mortgages on the home are paid or the permission of the mortgagees is obtained.(c) An arrangement in contrast to this area is void.

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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 routine and the concentrated interest of a home owner in the common aspects of the program that are attributable to the apartment may not be shared independently. If a transportation of a house does not describe the common aspects, the undistracted rate of interest of the apartment owner in the general as well as the restricted common components of the routine attributable to the apartment or condo is communicated with the home.

(a) By consentaneous arrangement, or if the declaration offers for termination by contract of the owners, by agreement of the owners of at the very least 67 percent or a specified portion in the declaration, whichever is higher, of the possession rate of interests in the condominium, the proprietors of a structure in a condo program might terminate the routine and request the region staff of the county in which the regimen is situated to merge the records of the estates that consist of the condo regime, if any type of creditors in whose behalf encumbrances versus the building are recorded concur to accept the wholehearted portions of the residential property owned by the debtors as security, offered no change might be made to a declaration to reduce the ballot needed for discontinuation of the condominium regime.(b) If a condo regimen is ended, each home owner possesses an undistracted interest in the typical home that corresponds to the concentrated passion formerly had by the home proprietor in the usual elements.(c) Property that has actually been eliminated from a condo program may be devoted to another condominium regime 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. MODIFICATION OF CONDOMINIUM STATEMENT. After a condominium statement is tape-recorded with a region staff, the statement may not be changed other than at a conference of the house proprietors at which the change is accepted by the owners of a minimum of 67 percent of the possession rate of interests in the condo.

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For the functions of this phase, the apartment proprietors who own at least 51 percent of the passions in a condo regime, as determined under the statement, are a majority of the apartment or condo owners. Look At This (a) By resolution of a bulk of the council of proprietors or in the way provided or called for by the statement or bylaws, the council of proprietors may acquire the insurance coverage it deems proper for the protection websites of the structures and the apartment owners.(b) Insurance coverage might be written in the name of the council of owners, or in the name of an individual marked in the statement or laws, as trustee for the house proprietors and also their mortgagees.

Unless the council of owners unanimously concurs otherwise, the insurance proceeds shall be paid to the individual apartment proprietors or their mortgagees, as their rate of interest might show up, symmetrical to the interest of a house proprietor in the condo routine as established 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 RECORDS. (a) The administrator or board of management of a condo regime or a person designated by the bylaws of the regimen shall keep an in-depth composed account of the invoices as well as expenditures related to the structure and also its administration that specifies the expenses sustained by the routine.(b) The accounts and sustaining Home Page vouchers of a condo routine shall be offered to the house owners for assessment on working days at convenient, recognized, and also publicly announced hours.(c) Guides and documents of a condominium routine have to adhere to excellent accountancy procedures as well as must be investigated at the very least as soon as each year by an auditor that is not linked with the condominium routine.

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