Source: https://www.oag.state.tx.us/consumer/border/rb2007/rb_pc.shtml
Timestamp: 2014-03-12 03:22:58
Document Index: 730233339

Matched Legal Cases: ['§ 5', '§ 5', '§ 2', '§ 5', '§ 1', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 12', '§ 1', '§ 22', '§ 3', '§ 1', '§ 1', '§ 27', '§ 1', '§ 8', '§ 1', '§ 203', '§ 1', '§ 2', '§ 203', '§ 203', '§ 203', '§ 203']

5.0621.	Construction with Other Law
5.081.	Right to Convert Contract.
5.082.	Request for Balance and Trustee.
5.083.	Right to Cancel Contract for Improper Platting.
5.084.	Right to Deduct.
5.085.	Fee Simple Title Required; Maintenance of Fee Simple Title.
NOTE: SB 198, generally effective Sept. 1, 2001, substantially changed Subchapter D, adding amended versions of many provisions formerly in Subchapter E. See the note following § 5.080 for details regarding how the amendments "phase-in" to apply to particular transactions and contracts.
§ 5.061.	Definition
Added by Acts 1995, 74th Leg., ch. 994, § 2, eff. Sept. 1, 1995. Renumbered from V.T.C.A., Property Code § 5.065 and amended by Act 2001, 77th Leg., ch. 693, § 1, eff. Sept. 1, 2001.
§ 5.062.	Applicability
(a) This subchapter applies only to a transaction involving an executory contract for conveyance of real property used or to be used as the purchaser's residence or as the residence of a person related to the purchaser within the second degree by consanguinity or affinity, as determined under Chapter 573, Government Code. For purposes of this subchapter, and only for the purposes of this subchapter:
(1) the sale of state land or a sale of land; or
(A) the Veterans' Land Board;
(C) an instrumentality, public corporation, or other entity created to act on behalf of this state or a political subdivision of this state, including an entity created under Chapter 303, 392, or 394, Local Governmnet Code.
(e) Sections 5.066, 5.067, 5.071, 5.075, 5.081, and 5.082 do not apply to an executory contract described by Subsection (a)(2).
(f) Notwithstanding any other provision of this subchapter, only the following sections apply to an executory contract described by Subsection (a)(2) if the term of the contract is three years or less and the purchaser and seller, or the purchaser's or seller's assignee, agent, or affiliate, have not been parties to an executory contract to purchase the property covered by the executory contract for longer than three years:
(2) Section 5.073, except for Section 5.073(a)(2); and (3) Sections 5.083 and 5.085. (g) Except as provided by Subsection (b), if Subsection (f) conflicts with another provision of this subchapter, Subsection (f) prevails.
Amended by HB 1823, eff. Sept. 1, 2005.
§ 5.0621.	Construction with Other Law
Added by HB 1823, eff. Sept. 1, 2005.
§ 5.063.	Notice
(C) the period to which the delinquency and additional charges relate; and (3)	if the purchaser has failed to comply with a term of the contract, identify the term violated and the action required to cure the violation.
(c) Notice by mail is given when it is mailed to the purchaser's residence or place of business. The affidavit of a person knowledgeable of the facts to the effect that notice was given is prima facie evidence of notice in an action involving a subsequent bona fide purchaser for value if the purchaser is not in possession of the real property and if the stated time to avoid the forfeiture has expired. A bona fide subsequent purchaser for value who relies upon the affidavit under this subsection shall take title free and clear of the contract.
§ 5.064.	Seller's Remedies on Default
(A) the seller's intent to enforce a remedy under this section; and
§ 5.065.	Right to Cure Default
NOTE: The change in law made by SB 1527, reducing from 60 days to 30 days the time period allowed for curing a default, applies only to an executory contract for conveyance signed on or after September 1, 2003. An executory contract for conveyance signed before September 1, 2003, is covered by the law in effect when the contract was signed, and the former law is continued in effect for that purpose. From Sept. 1, 1969, through August 31, 2001, the former law provided for a cure period ranging from 15 to 60 days (depending upon what portion of the purchase price had been paid). From Sept. 1, 2001, through August 31, 2003, former § 5.065 provided for a cure period of 60 days. Note also that SB 1527 does not change the requirement in Property Code § 5.066 that when the purchaser has paid 40 percent or more of the amount due or the equivalent of 48 monthly payments, the purchaser gets a 60-day period to cure a default followed by a foreclosure-like sale.
§ 5.066.	Equity Protection; Sale of Property
(e) The remaining balance of the amount due under the executory contract is the debt for purposes of a sale under this section. If the proceeds of the sale exceed the debt amount, the seller shall disburse the excess funds to the purchaser under the executory contract. If the proceeds of the sale are insufficient to extinguish the debt amount, the seller's right to recover the resulting deficiency is subject to Sections 51.003, 51.004, and 51.005 unless a provision of the executory contract releases the purchaser under the contract from liability.
§ 5.067.	Placement of Lien for Utility Service
§ 5.068.	Foreign Language Requirement
§ 5.069.	Seller's Disclosure of Property Condition
____ The property has water service that provides potable water.
____ The property has sewer service.
____ The property has been approved by the appropriate municipal, county, or state agency for installation of a septic system.
____ The property has electric service.
____ The property is not in a floodplain.
____ The roads to the boundaries of the property are paved and maintained by:
____ the seller;
____ the owner of the property on which the road exists;
____ the municipality;
____ the county; or
____ the state.
____ No individual or entity other than the seller:
____ There are no restrictive covenants, easements, or other title exceptions or encumbrances that prohibit construction of a house on the property.
§ 5.070.	Seller's Disclosure of Tax Payments and Insurance Coverage
§ 5.071.	Seller's Disclosure of Financing Terms
§ 5.072.	Oral Agreements Prohibited
§ 5.073.	Contract Terms, Certain Waivers Prohibited
§ 5.074.	Purchaser's Right to Cancel Contract Without Cause
(b) If the purchaser cancels the contract as provided by Subsection (a), the seller shall, not later than the 10th day after the date the seller receives the purchaser's notice of cancellation:
(2)	cancel any security interest arising out of the contract. (c) The seller shall include in immediate proximity to the space reserved in the executory contract for the purchaser's signature a statement printed in 14-point boldface type or 14-point uppercase typewritten letters that reads substantially similar to the following:
§ 5.075.	Purchaser's Right to Pledge Interest in Property on Contracts Entered Into Before September 1, 2001
§ 5.076.	Recording Requirements
§ 5.077.	Annual Accounting Statement
(3)	the number of payments remaining under the contract;	(4)	the amounts paid to taxing authorities on the purchaser's behalf if collected by the seller;
(1)	liquidated damages in the amount of $250 a day for each day after January 31 that the seller fails to provide the purchaser with the statement, but not to exceed the fair market value of the property; and
Amended by HB 1823, eff. Sept. 1, 2005
§ 5.078.	Disposition of Insurance Proceeds
(2)	the name and address of the other party to the contract. (b) An insurer who disburses proceeds under an insurance policy, binder, or other coverage relating to property that has been damaged shall issue the proceeds jointly to the purchaser and the seller designated in the contract.
(e) Subsection (d) does not limit either party's remedy for other false, misleading, or deceptive acts or practices actionable in a suit brought under Subchapter E, Chapter 17, Business & Commerce Code. § 5.079.	Title Transfer
(a) The seller shall transfer recorded, legal title of the property covered by the executory contract to the purchaser not later than the 30th day after the date the seller receives the purchaser's final payment due under the contract.
(B)	$500 a day for each day the seller fails to transfer title to the purchaser after the 90th day after the date the seller receives the purchaser's final payment due under the contract; and	(2) reasonable attorney's fees.
(c) If a person to whom a seller's property interest passes by will or intestate succession is required to obtain a court order to clarify the person's status as an heir or to clarify the status of the seller or the property before the person may convey good and indefeasible title to the property, the court in which the action is pending may waive payment of the liquidated damages and attorney's fees under Subsection (b) if the court finds that the person is pursuing the action to establish good and indefeasible title with reasonable diligence.
§ 5.080.	Liability for Disclosures
§ 5.081.	Right to Convert Contract
(a) A purchaser, at any time and without paying penalties or charges of any kind, is entitled to convert the purchaser's interest in property under an executory contract into recorded, legal title in accordance with this section.
(A) contains the same terms as the contract regarding the purchaser's and seller's duties concerning the property;
(B) secures the purchaser's payment and performance under the promissory note and deed of trust; and
(1) deliver to the purchaser a written explanation that legally justifies why the seller refuses to convert the purchaser's interest into recorded, legal title under Subsection (c); or
§ 5.082.	Request for Balance and Trustee
(2) if applicable, the name and address of the seller's desired trustee for a deed of trust to be executed under Section 5.081.
(1) be sent to the purchaser by regular and certified mail; (2) include the amount the seller claims is the amount owed under the contract; and
(3) be based on written records kept by the seller or the seller's agent that were maintained and regularly updated for the entire term of the executory contract.
§ 5.083.	Right to Cancel Contract for Improper Platting
(c) A purchaser may not exercise the purchaser's right to cancel and rescind an executory contract under this section if, on or before the 90th day after the date the purchaser receives the seller's notice under Subsection (b)(1), the seller:
(d) The seller may not terminate the purchaser's possession of the property covered by the contract being canceled and rescinded before the seller pays the purchaser any money to which the purchaser is entitled under Subsection (b).
§ 5.084.	Right to Deduct
§ 5.085.	Fee Simple Title Required; Maintenance of Fee Simple Title
(b) Except as provided by this subsection, a seller, or the seller's heirs or assigns, must maintain fee simple title free from any liens or other encumbrances to property covered by an executory contract for the entire duration of the contract. This subsection does not apply to a lien or encumbrance placed on the property that is:
(1) placed on the property because of the conduct of the purchaser; (2) agreed to by the purchaser as a condition of a loan obtained to place improvements on the property, including utility or fire protection improvements; or
(B) the lien: (i) is attached only to the property sold to the purchaser under the contract; and
(C) the lienholder: (i) does not prohibit the property from being encumbered by an executory contract; and
(D) the following covenants are placed in the executory contract: (i) a covenant that obligates the seller to make timely payments on the loan and to give monthly statements to the purchaser reflecting the amount paid to the lienholder, the date the lienholder receives the payment, and the information described by Paragraph (A);
(B) reimbursement for: (i) any payments the purchaser made to a taxing authority for the property; and
(d) A seller is not liable under this section if: (1) a lien is placed on the property by a person other than the seller; and
Under Senate Bill 198, generally effective Sept. 1, 2001, Subchapter D incorporates amended versions of a number of provisions regarding executory contracts that were initially adopted in 1995 as Subchapter E of Chapter 5 of the Texas Property Code. Under former § 5.091, Subchapter E applied in Texas counties within 200 miles of the Texas-Mexico border having low per-capita income and a high unemployment rate. SB 198 makes the new Subchapter D sections applicable statewide. The following provisions from Section 3 of SB 198 clarify how the 2001 amendments "phase in" to apply to particular transactions and contracts.
(b) The changes in law made by Sections 5.063, 5.064, 5.065, and 5.066, Property Code, as amended and redesignated by this Act, apply only to a purchaser who defaults under Subchapter D, Chapter 5, Property Code, as amended by this Act, on or after September 1, 2001, regardless of when the contract was entered into. A purchaser who is in default before September 1, 2001, is covered by the law in effect when the default occurred, and the former law is continued in effect for that purpose.
(c) The changes in law made by Sections 5.068 and 5.069, Property Code, as amended and redesignated by this Act, and Section 5.070, Property Code, as added by this Act, apply only to transactions involving executory contracts for conveyance for which negotiations begin on or after September 1, 2001. For purposes of this subsection, negotiations begin on the date an offer to enter into an executory contract for conveyance is made. Transactions involving executory contracts for conveyance for which negotiations begin before September 1, 2001, are covered by the law in effect when the negotiations began, and the former law is continued in effect for that purpose.
(d) The change in law made by the amendment of Section 5.091 and the repeal of Section 5.092, Property Code, by this Act and the application of Section 5.071, Property Code, as amended and redesignated by this Act, and Section 5.080, Property Code, as redesignated by this Act, applies only to transactions involving executory contracts for conveyance for which negotiations begin on or after September 1, 2001. For purposes of this subsection, negotiations begin on the date an offer to enter into an executory contract for conveyance is made.
(e) The change in law made by the amendment of Section 5.091 and the repeal of Section 5.092, Property Code, by this Act and the application of Section 5.072, Property Code, as added by this Act, Section 5.074, Property Code, as redesignated by this Act, and Sections 5.073 and 5.076, Property Code, as amended and redesignated by this Act, applies only to a contract entered into on or after September 1, 2001.
(f) The change in law made by the amendment of Section 5.091 and the repeal of Section 5.092, Property Code, by this Act and the application of Section 5.075, Property Code, as amended and redesignated by this Act, applies to a purchaser on or after September 1, 2001, who accrues interest as provided by that section regardless of when the interest accrued. (g) The changes in law made by the amendment of Section 5.091 and the repeal of Section 5.092, Property Code, by this Act and the application of Subsections (a) and (b), Section 5.077, Property Code, as amended and redesignated by this Act, and Subsection (a), Section 5.079, Property Code, as redesignated by this Act, apply to an executory contract on or after September 1, 2001, regardless of when the contract was entered into. (h) The change in law made by Subsection (c), Section 5.077, and Subsection (b), Section 5.079, Property Code, as amended and redesignated by this Act, applies only to a violation that occurs on or after September 1, 2001. A violation that occurs before September 1, 2001, is covered by the law in effect when the violation occurred, and the former law is continued in effect for that purpose.
(i) The change in law made by Section 5.078, Property Code, as added by this Act, applies to an executory contract regardless of when the contract was entered into. A named insured who currently holds an insurance policy binder or other coverage relating to property subject to an executory contract shall notify the insurer as provided by Subsection (a), Section 5.078, Property Code, not later than January 1, 2002.
§ 12.002.	Subdivision Plat; Penalty
(b) A person may not file for record or have recorded in the county clerk's office a plat or replat of a subdivision of real property unless it is approved as provided by law by the appropriate authority and unless the plat or replat has attached to it the documents required by Section 212.0105 or 232.023, Local Government Code, if applicable.
(c) Except as provided by Subsection (d), a person who subdivides real property may not use the subdivision's description in a deed of conveyance, a contract for a deed, or a contract of sale or other executory contract to convey that is delivered to a purchaser unless the plat or replat of the subdivision is approved and is filed for record with the county clerk of the county in which the property is located and unless the plat or replat has attached to it the documents required by Subsection (e) or by Section 212.0105 or 232.023, Local Government Code, if applicable.
Note: Subsection (e) below was amended by HB 3101, Sec. 1, effective September 1, 2005, without reference to the conflicting amendment of another (e) made by HB 2491, Sec. 26, effective September 1, 2005.
(e) A person may not file for record or have recorded in the county clerk's office a plat, replat, or amended plat or replat of a subdivision of real property unless the plat, replat, or amended plat or replat has attached to it an original tax certificate from each taxing unit with jurisdiction of the real property indicating that no delinquent ad valorem taxes are owed on the real property. If the plat, replat, or amended plat or replat is filed after September 1 of a year, the plat, replat, or amended plat or replat must also have attached to it a tax receipt issued by the collector for each taxing unit with jurisdiction of the property indicating that the taxes imposed by the taxing unit for the current year have been paid or, if the taxes for the current year have not been calculated, a statement from the collector for the taxing unit indicating that the taxes to be imposed by that taxing unit for the current year have not been calculated. If the tax certificate for a taxing unit does not cover the preceding year, the plat, replat, or amended plat or replat must also have attached to it a tax receipt issued by the collector for the taxing unit indicating that the taxes imposed by the taxing unit for the preceding year have been paid. This subsection does not apply if more than one person acquired the real property from a decedent under a will or by inheritance and those persons owning an undivided interest in the property obtained approval to subdivide the property to provide each person with a divided interest and a separate title to the property.
Note: Subsection (e) below was amended by HB 2491, Sec. 26, effective September 1, 2005, without reference to the conflicting amendment of another (e) made by HB 3101, Sec. 1, effective September 1, 2005.
(e) A person may not file for record or have recorded in the county clerk's office a plat or replat of a subdivision of real property unless the plat or replat has attached to it an original tax certificate from each taxing unit with jurisdiction of the real property indicating that no delinquent ad valorem taxes are owed on the real property. This subsection does not apply if:
(1) more than one person acquired the real property from a decedent under a will or by inheritance and those persons owning an undivided interest in the property obtained approval to subdivide the property to provide each person with a divided interest and a separate title to the property; or
(2) a taxing unit acquired the real property for public use through eminent domain proceedings or voluntary sale.
Acts 1983, 68th Leg., p. 3489, ch. 576, § 1, eff. Jan. 1, 1984.
Amended by Acts 1987, 70th Leg., ch. 149, § 22, eff. Sept. 1, 1987; Acts 1989, 71st Leg., ch. 624, § 3.09, eff. Sept. 1, 1989; Acts 1991, 72nd Leg., ch. 570, § 1, eff. June 15, 1991; Acts 1997, 75th Leg., ch. 583, § 1, eff. Sept. 1, 1997; Acts 1999, 76th Leg., ch. 404, § 27, eff. Sept. 1, 1999; Acts 1999, 76th Leg., ch. 812, § 1, eff. Sept. 1, 1999; Acts 1999, 76th Leg., ch. 1382, § 8, eff. June 19, 1999; Acts 2005, 79th Leg., ch. 1154, § 1, eff. Sept. 1, 2005. Amended by HB 989, eff. Sept. 1, 2007.
§ 203.001.	Applicability of Chapter
Added by Acts 1987, 70th Leg., ch. 712, § 1, eff. June 18, 1987.
Amended by Acts 1997, 75th Leg., ch. 274, § 2, eff. May 26, 1997.
§ 203.002.	Definition
In this chapter, "restriction" means a limitation that affects the use to which real property may be put, fixes the distance at which buildings or other structures must be set back from property, street, or lot lines, affects the size of lots, or affects the size, type, or number of buildings or other structures that may be built on the property.
§ 203.003.	County Attorney Authorized to Enforce Restrictions
(b) The county attorney may not enforce a restriction relating to race or any other restriction that violates the state or federal constitution.
§ 203.004.	Administrative Fee
§ 203.005.	Court Costs and Attorney's Fees
(b) If the court costs and attorney's fees awarded to the county, together with the administrative fee collected under Section 203.004, exceed the county's expenses in a successful action under this chapter, any portion of the excess that does not exceed the amount of the administrative fee collected by the county shall be refunded to the complainant.