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(a) An owner of an apartment in a condo regime possesses it solely, as well as the owner might have, communicate, or encumber the home, or subject it to judicial acts, independently of the various other apartments in the condo program.(b) A specific title or rate of interest in an apartment in a condo program is recordable.(c) The whole rate of interest in the condominium regime will be separated among the homes.

3620, ch. 576, Sec - new apartments greenwood. 1, eff. Jan. 1, 1984. Sec. 81. 107. PASSIONS IN COMMON ASPECTS. A proprietor of a home in a condominium regimen shares possession of the program's usual aspects with the various other home owners. An apartment proprietor might utilize the usual elements according to their designated purposes, as revealed in the plat, affirmation, or bylaws of the condominium regimen, without hindering the legal rights of the various other apartment proprietors.

3620, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 108. PARTITION OF COMMON ELEMENTS. (a) The ownership of the general as well as the minimal typical components of a condo program may not be judicially segmented or separated while they are appropriate for a condo routine.(b) A person may not start an activity for partition of the minimal or basic usual elements of a condominium program unless the home loans on the building are paid or the permission of the mortgagees is acquired.(c) An agreement in contrast to this section is void.

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1, eff. A house in a condo program as well as the undivided passion of a house proprietor in the usual aspects of the regime that are attributable to the house may not be conveyed independently. If a conveyance of an apartment or condo does not refer to the typical components, the undivided rate of interest of the house owner in the general and also the minimal usual elements of the routine attributable to the home is communicated with the home.

3622, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 110. TERMINATION OF CONDOMINIUM PROGRAM. (a) By unanimous contract, or if the affirmation offers discontinuation by contract of the owners, by contract of the holders of at the very least 67 percent or a stated percentage in the affirmation, whichever is better, of the ownership rate of interests in the condominium, the proprietors of a building in a condo program might end the regime as well as demand the county clerk of the area in which the regime lies to merge the documents of the estates that make up the condo regime, if any lenders in whose part encumbrances against the building are tape-recorded concur to approve the undistracted portions of the building had by the debtors as safety, offered no amendment might be made to an affirmation to decrease the ballot required for discontinuation of the condominium regime - apartments for rent near greenwood.(b) If a condominium look at this site regimen is terminated, each home owner possesses a wholehearted interest in the typical home that represents the wholehearted rate of interest formerly owned by the home owner in the usual elements.(c) Residential property that has been eliminated from a condominium routine may be committed to another condo regimen at any kind 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. CHANGE OF CONDOMINIUM AFFIRMATION. After a condominium declaration is tape-recorded with a region clerk, the affirmation might not be amended other than at a meeting of the house owners at which the change is authorized by the holders of a minimum of 67 percent of the possession passions in the condo.

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For the functions of this chapter, the apartment or condo owners who have at least 51 percent of the rate of interests in a condominium program, as figured out under the declaration, are a bulk of the apartment or condo proprietors. (a) By resolution of a majority of the council of proprietors or in the fashion provided or required by the affirmation or laws, the council of owners might acquire the insurance coverage it deems appropriate for the defense of the structures and also the home proprietors.(b) Insurance may be created in the name of the council of owners, or in the name of an individual marked in the affirmation or bylaws, as trustee for the house owners and also their mortgagees.

Unless the council of owners with one voice agrees or else, the insurance continues shall be paid to the specific apartment owners or their mortgagees, as their rate of interest may appear, in proportion to the interest of an apartment or condo owner in resource the condo regimen as established by the statement. Acts 1983, 68th Leg., Visit Website p.

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3623, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 209. CONDOMINIUM DOCUMENTS. (a) The administrator or board of management of a condo regime or a person assigned by the bylaws of the regime shall keep a comprehensive written account of the invoices as well as expenses associated with the structure and also its management that specifies the costs sustained by the program.(b) The accounts and supporting vouchers of a condo regime shall be provided to the home proprietors for exam on working days at convenient, recognized, and also openly announced hours.(c) Guides and also records of a condominium regimen must adhere to great audit treatments and have to be examined a minimum of when every year by an auditor who is not related to the condominium regimen.

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