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3618, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 104. APARTMENT OWNERSHIP. (a) A proprietor of a house in a condominium program owns it exclusively, and the owner may possess, share, or overload the apartment, or subject it to judicial acts, separately of the various other houses in the condo routine.(b) An individual title or rate of interest in an apartment or condo in a condo regimen is recordable.(c) The entire interest in the condo regimen will be split among the homes.(d) An individual may own a house in a condo regime collectively or alike with others.(e) A condo association might not alter or damage an apartment or condo or a restricted typical component without the approval of all proprietors influenced and the very first lien mortgagees of all influenced proprietors.


3620, ch. 576, Sec - modern apartments greenwood. 1, eff. Jan. 1, 1984. Sec. 81. 107. PASSIONS IN COMMON ASPECTS. A proprietor of an apartment or condo in a condo routine shares possession of the routine's typical elements with the other apartment or condo owners. An apartment owner might utilize the common aspects according to their desired functions, as revealed in the plat, declaration, or bylaws of the condo regimen, without conflicting with the rights of the various other house proprietors.


3620, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 108. PARTITION OF COMMON COMPONENTS. (a) The ownership of the general and also the restricted typical aspects of a condominium routine might not be judicially partitioned or divided while they appropriate for a condominium program.(b) A person might not launch an activity for dividing of the restricted or general typical components of a condominium regime unless the home mortgages on the building are paid or the consent of the mortgagees is obtained.(c) A contract in contrast to this section is space.

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3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 109. CONVEYANCE OF COMMON ELEMENTS. An apartment in a condo regime and the undistracted rate of interest of a home owner in the common aspects of the routine that are attributable to the apartment may not be shared separately. If a conveyance of a house does not describe the usual components, the wholehearted interest of the apartment or condo proprietor in the basic as well as the minimal typical elements of the regimen attributable to the house is shared with the apartment.


3622, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 110. TERMINATION OF CONDOMINIUM REGIME. (a) By unanimous arrangement, or if the declaration offers discontinuation by agreement of the owners, by agreement of the owners of at the very least 67 percent or a mentioned portion in the declaration, whichever is better, of the possession rate of interests in the condominium, the proprietors of a structure in a condo regime might terminate the regimen as well as demand the area clerk of the region in which the regimen lies to merge the documents of the estates that consist of the condominium routine, if any kind of financial institutions in whose part encumbrances against the building are tape-recorded consent to accept the wholehearted parts of the residential property owned by the debtors as safety, gave no change may be made to an affirmation to reduce the ballot required for discontinuation of the condominium program - apartments for rent near greenwood.(b) If a condo regime is ended, each home owner has an undistracted interest in the typical home that matches to the wholehearted rate of interest formerly possessed by the home proprietor in the usual elements.(c) Home that has actually been removed from a condo routine may be devoted to an additional condominium routine any time.




1, eff. AMENDMENT OF CONDOMINIUM AFFIRMATION. After a condominium affirmation is recorded with a region staff, the affirmation may not other be amended have a peek at these guys except at a meeting of the home owners at which the amendment is approved by the holders of at least 67 percent of the possession rate of interests in the condominium.

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3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 203. BALLOT MAJORITY. For the objectives of this phase, the home proprietors that possess a minimum of 51 percent of the passions in a condo routine, as identified under the statement, are a bulk of the apartment or condo proprietors (apartments for rent near greenlake). Acts 1983, 68th Leg., p.


3622, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 205. INSURANCE COVERAGE. (a) By resolution of a bulk of the council of proprietors or in the fashion offered or called for by the declaration or laws, the council of owners might acquire the insurance it regards ideal for the defense of the buildings and the house proprietors.(b) Insurance policy might be composed in the name of the council of owners, or in the name of a person marked in the statement or bylaws, as trustee for the house proprietors and their mortgagees.


Unless the council of owners all concurs or else, the insurance continues shall be paid to the individual home owners or their mortgagees, as their interest may show up, in proportion to the interest of an apartment owner in the condo regime as developed by the declaration. (a) The administrator or board of management of a condominium routine or a person appointed by the laws check out this site of the regimen shall maintain a detailed composed account of the invoices and expenses associated to the structure as well as its management that defines the expenses sustained by the regimen.(b) The accounts and supporting coupons of a condo program shall be made available to the home owners for assessment on working days at practical, well-known, and also openly introduced hours.