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3618, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 104. APARTMENT OWNERSHIP. (a) A proprietor of a home in a condominium program has it specifically, as well as the proprietor might have, convey, or overload the apartment or condo, or subject it to judicial acts, separately of the other apartment or condos in the condo regime.(b) An individual title or passion in a home in a condo regimen is recordable.(c) The entire rate of interest in the condo routine shall be split among the apartment or condos.(d) A person might own a home in a condo regimen jointly or in typical with others.(e) A condominium association might not change or destroy a house or a restricted typical aspect without the approval of all owners impacted and also the first lien mortgagees of all influenced owners.1, eff. An owner of an apartment or condo in a condominium routine shares possession of the regime's common aspects with the various other home owners. An apartment or condo proprietor might use the common aspects according to their designated objectives, as shared in the plat, declaration, or bylaws of the condominium program, without interfering with the legal rights of the other home proprietors.

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3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 109. CONVEYANCE OF COMMON COMPONENTS. An apartment or condo in a condo program as well as the concentrated passion of a house proprietor in the usual elements of the routine that are attributable to the apartment may not be shared separately. If a transportation of an apartment does not refer to the usual elements, the undistracted passion of the apartment owner in the basic and also the minimal common aspects of the routine attributable to the apartment is communicated with the apartment or condo.
(a) By consentaneous arrangement, or if the declaration gives for discontinuation by contract of the owners, by arrangement of the owners of at least 67 percent or a specified percent in the declaration, whichever is higher, of the possession rate of interests in the condo, the owners of a building in a condominium routine might terminate the program as well as demand the region staff of the area in which the routine is located to merge the records of the estates that make up the condo regimen, if any kind of lenders in whose behalf encumbrances versus the building are recorded agree to accept the wholehearted sections of the property owned by the debtors as safety and security, offered no change may be made to a statement to minimize the vote required for termination of the condo regimen.(b) If a condo regimen is ended, each apartment or condo proprietor has an undistracted rate of interest in click this the usual home that corresponds to the undistracted rate of interest previously possessed by the house proprietor in the typical aspects.(c) Residential property that has actually been eliminated from a condo program may be dedicated to another condo routine at any type of time.
1, eff. MODIFICATION OF CONDOMINIUM DECLARATION. After a condominium affirmation is tape-recorded with a county clerk, the affirmation may not be modified except at a conference of the apartment proprietors at which the amendment is authorized by the owners of at least 67 percent of the possession interests in the condo.
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3621, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. 203. VOTING MAJORITY. For the functions of this phase, the home proprietors who own at the very least 51 percent of the interests in a condominium routine, as established under the affirmation, are a bulk of the apartment owners (apartments for rent near greenlake). Acts 1983, 68th Leg., p.3622, ch. 576, Sec. 1, eff. Jan. 1, 1984. Sec. 81. check my blog 205. INSURANCE COVERAGE. (a) By resolution of a bulk of the council of proprietors or in the way given or called for by the declaration or laws, the council of owners may acquire the insurance it regards proper for the defense of the buildings as well as the apartment or condo proprietors.(b) Insurance coverage may be written in the name of the council of owners, or in the name of a person designated in the statement or bylaws, as trustee for the house owners and their mortgagees.
Unless the council of proprietors all agrees or else, the insurance policy proceeds shall be paid to the private house owners or their mortgagees, as their interest might show up, in proportion to the rate of interest of a home proprietor in the condominium regimen as established by the affirmation. (a) The manager or board of administration of a condo regimen or an individual appointed by the bylaws of the read this article regime shall maintain an in-depth created account of the invoices and expenses associated to the building as well as its administration that defines the expenses sustained by the program.(b) The accounts as well as supporting vouchers of a condo regime shall be made readily available to the apartment or condo owners for exam on functioning days at convenient, well-known, as well as openly announced hrs.
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