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(a) A proprietor of a home in a condo program owns it solely, as well as the proprietor may possess, convey, or encumber the house, or subject it to judicial acts, independently of the various other houses in the condominium routine.(b) A specific title or rate of interest in a house in a condominium program is recordable.(c) The entire interest in the condominium program shall be divided among the homes.


1, eff. A proprietor of a house in a condo regimen shares possession of the regime's typical aspects with the other apartment proprietors. An apartment proprietor may use the typical components according to their desired objectives, as revealed in the plat, statement, or bylaws of the condo routine, without interfering with the legal rights of the other house owners.


3620, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 108. DIVIDING OF COMMON ELEMENTS. (a) The ownership of the general as well as the minimal typical components of a condo regimen may not be judicially segmented or split while they are appropriate for a condominium regime.(b) An individual might not start an action for partition of the minimal or basic typical aspects of a condominium program unless the home loans on the residential property are paid or the approval of the mortgagees is obtained.(c) An arrangement contrary to this section is gap.

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


(a) By unanimous contract, or if the declaration provides for termination by agreement of the owners, by contract of the owners of at least 67 percent or a stated portion in the declaration, whichever is greater, of the ownership rate of interests in the condo, the proprietors of a structure in a condo regimen might terminate the program and also request the region clerk of the area in which the program is located to combine the records of the estates that consist of the condominium regime, if any financial institutions in whose part encumbrances versus the structure are taped concur to accept the undistracted portions of the home owned by the debtors as protection, supplied no modification may be made to a declaration to minimize the ballot needed for termination of the condo routine.(b) If a condominium routine is terminated, each home proprietor possesses a wholehearted rate of interest in the typical residential property that corresponds to the concentrated interest previously possessed by the apartment or condo owner in the usual elements.(c) Residential property that has actually been eliminated from a condominium routine may be devoted to one more condo regimen at any time.




1, eff. CHANGE OF CONDO DECLARATION. After a condo statement is tape-recorded with a region clerk, the affirmation may not be modified except at a conference of the apartment proprietors at which the amendment is accepted by the owners of at the very least 67 percent of the possession passions in the condominium.

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For the functions of this phase, the apartment owners who have at least 51 percent of the passions in a condominium routine, hop over to here as identified under the declaration, are a bulk of the house proprietors. (a) By resolution of a majority of the council of owners or in the fashion given or called for by the affirmation or bylaws, the council of proprietors might get the insurance coverage it More Info deems ideal for the protection of the structures and the house owners.(b) Insurance might be created in the name of the council of proprietors, or in the name of a person marked in the affirmation or bylaws, as trustee for the home owners and their mortgagees.


Unless the council of owners with one voice concurs otherwise, the insurance policy continues shall be paid to the individual apartment proprietors or their mortgagees, as their passion may show up, symmetrical to the passion of a house proprietor in the condo regime as developed by the statement. 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 manager or board of administration of a condominium regime or an individual appointed by the laws of the regimen shall keep a comprehensive created account of the invoices as well as expenses connected to the building and its management that defines the costs sustained by the regime.(b) The accounts and also supporting vouchers of a condo program will be made readily available to the Recommended Site house owners for exam on working days at hassle-free, well-known, as well as publicly introduced hours.(c) Guides as well as documents of a condominium regime need to follow excellent audit treatments and must be audited a minimum of once each year by an auditor who is not related to the condominium regime.