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(a) An owner of a house in a condominium routine owns it solely, as well as the owner might possess, communicate, or overload the apartment, or subject it to judicial acts, individually of the other homes in the condo regime.(b) A specific title or interest in an apartment in a condominium routine is recordable.(c) The entire rate of interest in the condominium regimen shall be separated among the apartment or condos.


1, eff. An owner of a home in a condo routine shares ownership of the program's typical elements with the other apartment or condo proprietors. A house owner may utilize the usual elements according to their designated functions, as shared in the plat, affirmation, or laws of the condominium routine, without conflicting with the civil liberties of the various other apartment owners.


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1, eff. (a) The ownership of the basic and the restricted common elements of a condominium routine might not be judicially separated or divided while they are ideal for a condo regimen.(b) An individual may not launch an action for partition of the minimal or general typical aspects of a condominium program unless the home loans on the property are paid or the approval of the mortgagees is acquired.


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1, eff. An apartment or condo in a condo routine and also the undistracted interest of a house owner in the typical components of the program that are attributable to the home may not be conveyed separately. If a transportation of an apartment does not refer to the usual aspects, the undistracted passion of the home proprietor in the basic as well as the minimal usual aspects of the routine attributable to the house is conveyed with the house.


(a) By consentaneous arrangement, or if the affirmation gives for termination by agreement of the owners, by arrangement of the holders of at least 67 percent or a specified percent in the statement, whichever is better, of the possession interests in the condominium, the owners of a structure in a condo regimen might terminate the program and also request the county staff of the county in which the regime is located to merge the documents of the estates that comprise the condo routine, if any type of financial institutions in whose their website part encumbrances versus the building are tape-recorded concur to approve the wholehearted parts of the home possessed by the borrowers as security, supplied no change might be made to a statement to reduce the ballot required for discontinuation of the condominium program.(b) If a condominium regime is ended, each home owner possesses an undivided passion in the typical home that matches to the undivided rate of interest formerly had by the home owner in the typical aspects.(c) Residential property that has been gotten rid of from a condo regime might be dedicated to another condo program at any kind of time.




1, eff. AMENDMENT OF CONDO STATEMENT. After a condominium declaration is taped with a region staff, the statement might not be amended except at a conference of the apartment owners at which the modification is accepted by the holders of at the very least 67 percent of the ownership interests in the condominium.


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For the objectives of this phase, the apartment proprietors who own at the very least 51 percent of the interests in a condo regime, as identified under the statement, are a bulk of the home owners. (a) By resolution of a majority of the council of owners or in the way given or required by the affirmation or bylaws, the council of owners might acquire the insurance it considers appropriate for the protection of the buildings and also the house proprietors.(b) look at more info Insurance may be composed in the name of the council of proprietors, or in the name of an individual assigned in the affirmation or laws, as trustee for the home proprietors as well as their mortgagees.


Unless the council of proprietors with one voice concurs otherwise, the insurance proceeds will be paid to the individual apartment or condo owners or their mortgagees, as their passion may show up, in proportion to the interest of an content apartment or condo proprietor in the condominium 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 RECORDS. (a) The administrator or board of administration of a condominium regimen or a person appointed by the laws of the program shall maintain a thorough created account of the invoices and expenses related to the structure and its management that specifies the expenditures sustained by the routine.(b) The accounts as well as sustaining vouchers of a condo regimen will be offered to the apartment or condo owners for assessment on working days at practical, recognized, as well as openly announced hours.(c) Guides as well as records of a condominium program should conform with good audit treatments and also need to be audited at the very least when every year by an auditor who is not connected with the condominium program.

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