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(a) An owner of a house in a condo regime has it exclusively, as well as the owner might possess, share, or encumber the apartment or condo, or subject it to judicial acts, independently of the other houses in the condominium routine.(b) A private title or passion in a house in a condo routine is recordable.(c) The whole interest in the condo regime shall be split among the homes.


3620, ch. 576, Sec - apartments for rent near greenlake. 1, eff. Jan. 1, 1984. Sec. 81. 107. INTERESTS ALIKE ASPECTS. An owner of a home in a condo routine shares possession of the regime's common components with the various other house proprietors. An apartment owner might utilize the usual elements according to their designated purposes, as shared in the plat, statement, or laws of the condominium routine, without conflicting with the legal rights of the other apartment owners.


1, eff. (a) The ownership of the basic and the minimal usual components of a condominium routine may not be judicially partitioned or separated while they are ideal for a condo regime.(b) A person may not launch an action for partition of the limited or general common elements of a condominium program unless the home mortgages on the building are paid or the permission of the mortgagees is acquired.

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3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 109. TRANSPORTATION OF COMMON COMPONENTS. A house in a condominium routine and the undivided passion of an apartment or condo proprietor in the typical elements of the routine that are attributable to the house might not be shared individually. If a transportation of a house does not refer to the common elements, the undivided interest of the home proprietor in the basic and also the minimal common aspects of the program attributable to the apartment is conveyed with the home.


3622, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 110. DISCONTINUATION OF CONDOMINIUM REGIMEN. (a) By consentaneous arrangement, or if the statement attends to discontinuation by arrangement of the proprietors, by agreement of the owners of a minimum of 67 percent or a stated percent in the affirmation, whichever is greater, of the ownership interests in the condominium, the owners of a building in a condo program might terminate the routine and demand the region clerk of the region in which the regime lies to merge the records of the estates that comprise the condo routine, if any lenders in whose part encumbrances against the building are taped consent to approve the undivided parts of the residential property possessed by the borrowers as safety and security, gave no modification may be made to an affirmation to decrease the vote required for discontinuation of the condominium routine - apartments near best site greenlake.(b) If a condo regimen is ended, each apartment or condo owner possesses a wholehearted passion in the typical property that represents the concentrated rate of interest formerly had by the home proprietor in the usual aspects.(c) Home that has been eliminated from a condominium regime might be dedicated to one more condo regimen at any type of time.




3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Modified by Acts 1989, 71st Leg., ch. 157, Sec. 1, eff. May 25, 1989. Sec. 81. 111. her explanation CHANGE OF CONDO DECLARATION. After a condominium statement is taped with a region staff, the declaration may not be modified except at a meeting of the apartment proprietors at which the modification is approved by the holders of at the very least 67 percent of the ownership passions in the condo.

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For the purposes of this phase, the apartment or condo proprietors that possess at least 51 percent of the interests in a condo program, as determined under the statement, are a majority of the apartment owners. (a) By resolution of a majority of the council of proprietors or in the fashion offered or required by the statement or bylaws, the council of owners may get the insurance coverage it deems appropriate for the security of the buildings and also the apartment owners.(b) Insurance policy may be created 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 and also their mortgagees.


Unless the council of proprietors with one voice concurs otherwise, the insurance continues shall be paid to the individual home owners or their mortgagees, as their rate of interest may show up, in percentage why not check here to the interest of a house owner in the condo program as developed by the affirmation. (a) The manager or board of administration of a condominium program or a person designated by the laws of the routine will maintain a thorough written account of the receipts and also expenses connected to the building as well as its administration that specifies the costs sustained by the routine.(b) The accounts and sustaining vouchers of a condo routine shall be made available to the apartment owners for examination on functioning days at convenient, well established, as well as openly announced hrs.