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3618, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 104. APARTMENT POSSESSION. (a) An owner of an apartment in a condo regime has it specifically, and the owner may have, convey, or encumber the house, or subject it to judicial acts, individually of the various other apartments in the condo regime.(b) A specific title or passion in a house in a condominium program is recordable.(c) The entire interest in the condominium program shall be divided among the houses.(d) A person might possess a home in a condo regime jointly or in usual with others.(e) A condo association may not alter or ruin a home or a limited usual element without the permission of all proprietors influenced and the first lien mortgagees of all influenced proprietors.

1, eff. A proprietor of an apartment in a condominium regimen shares ownership of the program's usual elements with the various other house proprietors. A home owner may utilize the common aspects according to their designated objectives, as expressed in the plat, affirmation, or bylaws of the condo program, without conflicting with the civil liberties of the other apartment or condo proprietors.

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

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3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 109. TRANSPORTATION OF COMMON ASPECTS. An apartment in a condo program as well as the undivided passion of a home proprietor in the typical elements of the routine that are attributable to the home might not be shared separately. If a conveyance of a home does not refer to the typical components, the undivided rate of interest of the house proprietor in the basic as well as the minimal common components of the regime attributable to the apartment is conveyed with the house.

(a) By unanimous arrangement, or if the affirmation supplies for termination by arrangement of the owners, by contract of the holders of at the very least 67 percent or a specified percentage in the statement, whichever is higher, of the possession interests in the condo, you could try here the proprietors of a building in a condominium routine might terminate the program and demand the area staff of the area in which the program is located to combine the records of the estates that comprise the condo routine, if any creditors in whose part encumbrances against the structure are tape-recorded concur to accept the wholehearted portions of the property had by the debtors as security, offered no amendment might be made to a declaration to decrease the vote required for discontinuation of the condominium regime.(b) If a condo regimen is ended, each apartment owner owns a wholehearted rate of interest advice in the common property that matches to the undistracted rate of interest previously possessed by the house owner in the common components.(c) Residential property that has actually been gotten rid of from a condo regimen might be committed 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. CHANGE OF CONDO DECLARATION. After a condominium affirmation is videotaped with a region staff, the statement may not be amended other than at a meeting of the home owners at which the amendment is authorized by the owners of at the very least 67 percent of the ownership rate of interests in the condo.

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For the purposes of this phase, the apartment or condo owners that have at least 51 percent of the interests in a condo regimen, 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 browse around here proprietors or in the manner given or needed by the declaration or laws, the council of owners may get the insurance it regards ideal for the security of the structures and the house owners.(b) Insurance coverage may be created in the name of the council of proprietors, or in the name of a person assigned in the statement or bylaws, as trustee for the home owners and also their mortgagees.

Unless the council of proprietors unanimously concurs otherwise, the insurance proceeds will be paid to the specific house owners or their mortgagees, as their passion may show up, symmetrical to the rate of interest of an apartment or condo owner in the condo 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 DOCUMENTS. (a) The administrator or board of management of a condominium regime or an individual selected by the laws of the regime will maintain a detailed written account of the receipts and expenditures connected to the structure and also its administration that specifies the costs sustained by the program.(b) The accounts and supporting vouchers of a condominium program shall be offered to the home owners for assessment on working days at convenient, recognized, as well as openly introduced hrs.(c) Guides and records of a condo regime should comply with good bookkeeping procedures and also need to be investigated a minimum of as soon as annually by an auditor that is not connected with the condo program.

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