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(a) An owner of an apartment in a condo regime has it specifically, as well as the proprietor may have, convey, or encumber the apartment or condo, or subject it to judicial acts, separately of the other homes in the condominium regimen.(b) A private title or passion in a home in a condominium routine is recordable.(c) The whole interest in the condo regime shall be split among the apartment or condos.


3620, ch. 576, Sec - modern apartments greenwood. 1, eff. Jan. 1, 1984. Sec. 81. 107. INTERESTS IN COMMON ELEMENTS. A proprietor of a house in a condo routine shares possession of the regimen's usual components with the other home proprietors. An apartment owner might make use of the typical aspects according to their designated functions, as shared in the plat, statement, or laws of the condo regime, without hindering the legal rights of the various other house owners.


3620, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 108. DIVIDING OF COMMON ASPECTS. (a) The ownership of the general and the limited usual components of a condominium regime might not be judicially partitioned or split while they appropriate for a condo program.(b) An individual may not initiate an activity for dividing of the restricted or general common elements of a condo regimen unless the home mortgages on the home are paid or the approval of the mortgagees is acquired.(c) An agreement contrary to this area is space.

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3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 109. CONVEYANCE OF COMMON ASPECTS. A home in a condominium program as well as the concentrated passion of an apartment proprietor in the common elements of the program that are attributable to the house may not be communicated separately. If a conveyance of a house does not describe the typical components, the wholehearted passion of the house proprietor in the general and the limited common elements of the regime attributable to the apartment is shared with the apartment.


3622, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 110. TERMINATION OF CONDOMINIUM PROGRAM. (a) By unanimous arrangement, or if the statement supplies for termination by agreement of the proprietors, by agreement of the holders of at least 67 percent or a specified percentage in the affirmation, whichever is better, of the possession rate of interests in the condo, the owners of a building in a condominium regimen may end the regimen and also demand the area staff of the region in which the routine lies to combine the records of the estates that comprise the condo program, if any kind of financial institutions in whose part encumbrances against the structure are recorded consent to approve the concentrated parts of the building owned by the debtors as protection, offered no modification may be made to an affirmation to reduce the vote needed for discontinuation of the condo routine - modern apartments greenwood.(b) If a condominium regime is ended, each apartment proprietor possesses an undistracted passion in the common look these up home that corresponds to the undivided rate of interest formerly had by the apartment owner in the common elements.(c) Building that has been gotten rid of from a condo regime may be devoted to one more condominium regimen at any time.




1, eff. CHANGE OF CONDO STATEMENT. After a condominium declaration is taped with an area clerk, the affirmation may not be changed other than at a meeting of the apartment owners at which the change is approved by the holders of at the very least 67 percent of the possession rate of interests in the condominium.

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For the objectives of this phase, the apartment or condo owners that possess at least 51 percent of the rate of interests in a condominium regime, as identified under the affirmation, are a bulk of the house proprietors. (a) By explanation resolution of a bulk of the council of owners or in the way provided or called for by the declaration or bylaws, the council of proprietors may obtain the insurance policy it deems proper for the protection of the buildings and also the house proprietors.(b) Insurance coverage may be written in the name of the council of proprietors, or in the name of a person marked in the statement or bylaws, as trustee for the house owners and also their mortgagees.


Unless the council of proprietors unanimously concurs or else, the insurance proceeds will be paid to the specific apartment or condo owners or their mortgagees, as their rate of interest may show up, symmetrical to the interest of a house owner in the condo program as established by the declaration. Acts 1983, 68th Leg., p.

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3623, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 209. CONDO RECORDS. redirected here (a) The manager or board of management of a condominium program or a person appointed by the laws of the regimen shall keep a thorough written account of the invoices and also expenditures connected to the building as well as its administration that specifies the expenses incurred by the program.(b) The accounts and supporting coupons of a condominium regime shall be offered to the apartment proprietors for exam on working days at hassle-free, well-known, and also openly revealed hours.(c) The publications as well as documents of a condo regimen have to abide by great accountancy treatments and also need to be examined at the very least when annually by an auditor who is not related to the condominium program.