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(a) A proprietor of an apartment or condo in a condominium regimen possesses it solely, as well as the owner might possess, convey, or overload the home, or subject it to judicial acts, independently of the various other apartments in the condominium regimen.(b) A private title or interest in a home in a condominium regime is recordable.(c) The entire passion in the condo regime shall be split amongst the apartment or condos.


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 ownership of the program's typical components with the other apartment or condo proprietors. A house proprietor may utilize the usual elements according to their intended functions, as revealed in the plat, declaration, or laws of the condo regime, without disrupting the legal rights of the other house proprietors.


1, eff. (a) The ownership of the basic as well as the restricted common components of a condo program might not be judicially segmented or separated while they are suitable for a condominium regime.(b) An individual may not initiate an activity for dividing of the restricted or general usual aspects of a condominium program unless the home mortgages on the residential or commercial property are paid or the consent 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 or condo in a condominium regime and the wholehearted rate of interest of an apartment or condo proprietor in the usual components of the regime that are attributable to the apartment or condo may not be shared separately. If a conveyance of a house does not describe the usual components, the undivided rate of interest of the house proprietor in the basic and the limited typical aspects of the program attributable to the home is communicated with the home.


(a) By consentaneous agreement, or if the declaration offers for termination by agreement of the owners, by contract of the holders of at the very least 67 percent or a stated portion in the affirmation, whichever is greater, of the ownership passions in the condominium, the owners of a building in a condo regimen may end the regime and also request the region staff of the area in which the regimen is located to merge the documents of the estates that consist of the condominium routine, if any kind of creditors in whose part encumbrances against the structure are videotaped concur to accept the concentrated parts of the building owned by the borrowers as safety and security, provided no change may be made to a declaration to lower the vote required for discontinuation of the condominium routine.(b) If a condominium regimen is ended, each house proprietor possesses an undivided rate of interest in the usual property that matches to the concentrated interest formerly had by the house owner in the get redirected here common aspects.(c) Building that has actually been eliminated from a condominium regime may be dedicated to one more condominium routine at any kind of time.




1, eff. CHANGE OF CONDO AFFIRMATION. After a condominium declaration is recorded with a county clerk, the statement may not be modified except at a conference of the house proprietors at which the change is approved by the holders of at the very least 67 percent of the ownership interests in the condominium.

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For the purposes of this chapter, the apartment or condo owners who possess at the very least 51 percent of the passions in a condo regimen, as established under the affirmation, are a majority of the home owners. (a) By resolution of a bulk of the council of proprietors or in the manner provided or called for by the statement or bylaws, the council of owners may acquire the insurance coverage it considers appropriate for the security of the structures and the apartment proprietors.(b) Insurance coverage might be written in the name of the council of proprietors, or in the name of a person designated in the declaration or bylaws, as trustee for the apartment or condo owners and their mortgagees.


Unless the council of owners with one voice agrees otherwise, the insurance coverage continues shall be paid to the individual home proprietors or their mortgagees, as their interest may show up, in percentage to the interest of a home owner in the condo routine as established by visit this site right here the statement. 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 management of a condominium routine or an individual assigned by the laws of the program shall keep a thorough written account of the invoices as well as expenses related to the building as well as its administration that defines the costs incurred by the program.(b) The accounts and also supporting coupons of a condominium visit this page routine shall be offered to the apartment owners for evaluation on working days at convenient, well-known, and openly revealed hours.(c) The books and records of a condo regime should abide by good audit procedures as well as must be examined at the very least as soon as each year by an auditor who is not connected with the condominium regimen.