reglab/housing_qa huggingface dataset:
TX Nat Res Code § 161.221 (2021)
2021 Texas Statutes|Natural Resources Code|Title 7 - Resources Programs|Chapter 161 - Veterans Land Board|Subchapter F. Purchase, Sale, and Other Disposition of Land|Section 161.221. Initiation of Sale

Sec. 161.221.  INITIATION OF SALE.  The sale of land by the board may be properly initiated by contract of sale and purchase, and the contract shall be recorded in the deed records in the county in which the land is located.|Acts 1977, 65th Leg., p. 2667, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.|
TX Nat Res Code § 161.222 (2021)
2021 Texas Statutes|Natural Resources Code|Title 7 - Resources Programs|Chapter 161 - Veterans Land Board|Subchapter F. Purchase, Sale, and Other Disposition of Land|Section 161.222. Purchase Payments

Sec. 161.222.  PURCHASE PAYMENTS.  (a)  The purchaser shall make an initial payment in an amount set by the board's rules for land sold under this chapter. (b)  The balance of the selling price shall be amortized over a period determined by the board not to exceed 40 years together with interest at a fixed, variable, floating, or other rate or rates determined by the board.(c)  The purchaser is entitled to pay any or all installments still remaining unpaid on any installment date.(d)  In an individual case, the board may postpone for good cause the payment of the whole or any part of an installment of the selling price or interest on the selling price on terms the board considers proper.|Acts 1977, 65th Leg., p. 2667, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.  Amended by Acts 1979, 66th Leg., p. 1898, ch. 768, Sec. 1, eff. June 13, 1979;  Acts 1985, 69th Leg., ch. 798, Sec. 10, 20, eff. Sept. 1, 1985;  Acts 1993, 73rd Leg., ch. 242, Sec. 1.25, eff. Aug. 30, 1993.|
TX Nat Res Code § 161.223 (2021)
2021 Texas Statutes|Natural Resources Code|Title 7 - Resources Programs|Chapter 161 - Veterans Land Board|Subchapter F. Purchase, Sale, and Other Disposition of Land|Section 161.223. Board to Specify Terms

Sec. 161.223.  BOARD TO SPECIFY TERMS.  The board may specify in each individual case the terms of the contract entered into with the purchaser as long as they are not contrary to the provisions of this chapter.|Acts 1977, 65th Leg., p. 2667, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.|
TX Nat Res Code § 161.224 (2021)
2021 Texas Statutes|Natural Resources Code|Title 7 - Resources Programs|Chapter 161 - Veterans Land Board|Subchapter F. Purchase, Sale, and Other Disposition of Land|Section 161.224. Time Limit on Transfer

Sec. 161.224.  TIME LIMIT ON TRANSFER.  (a)  No property sold under this chapter may be transferred, sold, or conveyed in whole or part until the original veteran purchaser has enjoyed possession for a period of three years from the date of purchase of the property and complied with the terms and conditions of this chapter and rules of the board.(b)  If the veteran purchaser dies or becomes financially incapacitated or if there is an involuntary transfer by court order or proceedings including bankruptcy, sheriff or trustee sale, or divorce, the property may be conveyed before the expiration of the three-year period by the purchaser or his heirs, administrators, or executors by complying with rules of the board and by securing the approval of the board.(c)  After the three-year period, a purchaser may transfer, sell, or convey land purchased under this chapter at any time if all mature interest, principal, and taxes have been paid, the terms and conditions of this chapter and rules of the board have been met, and the approval of the board has been obtained.|Acts 1977, 65th Leg., p. 2667, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.|
TX Nat Res Code § 161.225 (2021)
2021 Texas Statutes|Natural Resources Code|Title 7 - Resources Programs|Chapter 161 - Veterans Land Board|Subchapter F. Purchase, Sale, and Other Disposition of Land|Section 161.225. Sale to a Nonveteran

Sec. 161.225.  SALE TO A NONVETERAN.  If the sale is made to a person other than a qualified Texas veteran, the assignee and all subsequent assignees shall assume an interest rate on the indebtedness to the board determined by the board at an amount not less than one percent a year greater than the rate determined by the board for sale to veterans under Sections 161.175 and 161.231 through 161.234 of this code or Subchapter G of this chapter  on the date on which the transfer, sale, or conveyance is approved.  If the purchase contract is awarded in a divorce action or incident to a written separation agreement, the interest rate shall not change.|Acts 1977, 65th Leg., p. 2667, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.|
TX Nat Res Code § 161.226 (2021)
2021 Texas Statutes|Natural Resources Code|Title 7 - Resources Programs|Chapter 161 - Veterans Land Board|Subchapter F. Purchase, Sale, and Other Disposition of Land|Section 161.226. Disposition of Land That Is Paid For

Sec. 161.226.  DISPOSITION OF LAND THAT IS PAID FOR.  Property sold under this chapter may be transferred, sold, or conveyed at any time after the entire indebtedness due to the board has been paid.|Acts 1977, 65th Leg., p. 2668, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.|
TX Nat Res Code § 161.227 (2021)
2021 Texas Statutes|Natural Resources Code|Title 7 - Resources Programs|Chapter 161 - Veterans Land Board|Subchapter F. Purchase, Sale, and Other Disposition of Land|Section 161.227. Lease of Land

Sec. 161.227.  LEASE OF LAND.  (a)  No land purchased under this chapter may be leased by the purchaser for a term of more than 10 years except as follows:(1)  leases for oil, gas, and other minerals may be for a term of not more than 10 years, and as long thereafter as such oil, gas, and other minerals are produced from the land in commercial quantities;(2)  leases for coal and lignite may be for a term of not more than 40 years, and as long thereafter as such coal and lignite are produced from the land in commercial quantities;  and(3)  leases, whether referred to as leases, licenses, or easements, for microwave, radio, or other communication towers, may be for a term of not more than 50 years.(b)  No lease may contain a provision for option or renewal of the lease or re-lease of the property for any term which would cause the entire fixed term of such lease or leases to exceed the applicable maximum fixed term set forth in Subsection (a)(1), (2), or (3) above, and the taking of any such option, renewal, or re-lease agreement in a separate instrument to take effect in the future is prohibited.  A lease or instrument that contains an option, renewal, or re-lease agreement in violation of this section is expressly declared to be void.|Acts 1977, 65th Leg., p. 2668, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.  Amended by Acts 1981, 67th Leg., p. 3080, ch. 812, Sec. 1, eff. June 17, 1981;  Acts 2003, 78th Leg., ch. 674, Sec. 3, eff. Sept. 1, 2003.|
TX Nat Res Code § 161.228 (2021)
2021 Texas Statutes|Natural Resources Code|Title 7 - Resources Programs|Chapter 161 - Veterans Land Board|Subchapter F. Purchase, Sale, and Other Disposition of Land|Section 161.228. Conditions of Leases

Sec. 161.228.  CONDITIONS OF LEASES.  While the veteran is indebted to the board for land purchased, if he executes or there exists a lease or contract of sale of oil, gas, or other minerals, chemicals, or hard metals or a lease or contract of sale for timber, sand, gravel, or other materials that covers all or part of the land and that would result in the depletion of the corpus of the tract, at least one-half of all bonus money, delay rentals, and royalties received as consideration for or payment under the oil, gas, and mineral lease and at least one-half of all money received under a lease or contract of sale of any other minerals, chemicals, hard metals, timber, sand, gravel, and other materials or as much as is required, shall be paid to the board by the owner of the lease or contract of sale and applied by the board to the satisfaction of the indebtedness.|Acts 1977, 65th Leg., p. 2668, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.  Amended by Acts 1981, 67th Leg., p. 3080, ch. 812, Sec. 2, eff. June 17, 1981.|
TX Nat Res Code § 161.229 (2021)
2021 Texas Statutes|Natural Resources Code|Title 7 - Resources Programs|Chapter 161 - Veterans Land Board|Subchapter F. Purchase, Sale, and Other Disposition of Land|Section 161.229. Deeds

Sec. 161.229.  DEEDS.  (a)  When the entire indebtedness due the state under the contract of sale is paid, the chairman of the board shall execute a deed under seal to the original purchaser of the land or to the last assignee whose assignment has been approved by the board.(b)  None of the provisions of this chapter shall be construed to prohibit the board from accepting full payment for a portion of a tract and issuing a deed to the land according to the rules of the board.(c)  Deeds issued by the board and executed by the chairman under seal are ratified, confirmed, and validated whether they convey all or only a part of the land contracted to be sold to the veteran.(d)  If a deed is executed to a person other than the legal owner or to a deceased grantee, the deed and the rights conveyed still inure to the benefit of the legal owner.|Acts 1977, 65th Leg., p. 2668, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.|
TX Nat Res Code § 161.230 (2021)
2021 Texas Statutes|Natural Resources Code|Title 7 - Resources Programs|Chapter 161 - Veterans Land Board|Subchapter F. Purchase, Sale, and Other Disposition of Land|Section 161.230. Death of Purchaser

Sec. 161.230.  DEATH OF PURCHASER.  (a)  If the purchaser of the land dies while indebted to the board under a contract, his rights, acquired under this chapter and the contract devolve on his heirs, devisees, or personal representatives under the laws of this state, but subject to all rights, claims, and charges of the board.(b)  Default by an heir, devisee, or personal representative with respect to a right, claim, or charge of the board has the same effect as default by the purchaser before his death.|Acts 1977, 65th Leg., p. 2669, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.|
TX Nat Res Code § 161.231 (2021)
2021 Texas Statutes|Natural Resources Code|Title 7 - Resources Programs|Chapter 161 - Veterans Land Board|Subchapter F. Purchase, Sale, and Other Disposition of Land|Section 161.231. Subdividing Land

Sec. 161.231.  SUBDIVIDING LAND.  Land acquired by the board may be subdivided for sale into tracts of the size the board may consider advisable.|Acts 1977, 65th Leg., p. 2669, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.|
TX Nat Res Code § 161.232 (2021)
2021 Texas Statutes|Natural Resources Code|Title 7 - Resources Programs|Chapter 161 - Veterans Land Board|Subchapter F. Purchase, Sale, and Other Disposition of Land|Section 161.232. Conditions for Sale of Land

Sec. 161.232.  CONDITIONS FOR SALE OF LAND.  Land acquired and subdivided under Sections 161.175, 161.231, 161.233, and 161.234 of this code shall be offered for sale according to rules adopted by the board and shall be sold by the board to veterans qualified to participate in the program in conformity with the provisions of this chapter relating to the sale of land purchased generally by the board.|Acts 1977, 65th Leg., p. 2669, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.|
TX Nat Res Code § 161.233 (2021)
2021 Texas Statutes|Natural Resources Code|Title 7 - Resources Programs|Chapter 161 - Veterans Land Board|Subchapter F. Purchase, Sale, and Other Disposition of Land|Section 161.233. Down Payment

Sec. 161.233.  DOWN PAYMENT.  (a)  The sale price of land sold under Sections 161.175 and 161.231, 161.232, and 161.234 of this code may include the addition of the expenses and fees in Sections 161.069, 161.070, and 161.175 of this code.  Provided, however, no tract may be sold under Sections 161.175 and 161.231, 161.232, and 161.234 of this code at a price exceeding $40,000 unless the veteran pays the board in cash, in accordance with its rules, a down payment equal to that portion of the sale price in excess of $40,000. This down payment shall be in addition to the initial payment required by Section 161.222 of this code and shall be paid not later than the sale date.(b)  If the sale is not consummated, the down payment shall be refunded to the veteran.|Acts 1977, 65th Leg., p. 2669, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.  Amended by Acts 1979, 66th Leg., p. 1899, ch. 768, Sec. 2, eff. June 13, 1979;  Acts 1985, 69th Leg., ch. 798, Sec. 11, eff. Sept. 1, 1985;  Acts 1991, 72nd Leg., ch. 160, Sec. 1, eff. Aug. 26, 1991.|
TX Nat Res Code § 161.234 (2021)
2021 Texas Statutes|Natural Resources Code|Title 7 - Resources Programs|Chapter 161 - Veterans Land Board|Subchapter F. Purchase, Sale, and Other Disposition of Land|Section 161.234. Sale to Other Purchasers

Sec. 161.234.  SALE TO OTHER PURCHASERS.  The provisions of Sections 161.175 and 161.231 through 161.233 of this code notwithstanding, land acquired and subdivided under these sections that has first been offered for sale to veterans and that has not been sold to the purchasers may be sold to any purchaser in the same manner as land forfeited under this chapter.|Acts 1977, 65th Leg., p. 2669, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.|
TX Nat Res Code § 161.235 (2021)
2021 Texas Statutes|Natural Resources Code|Title 7 - Resources Programs|Chapter 161 - Veterans Land Board|Subchapter F. Purchase, Sale, and Other Disposition of Land|Section 161.235. Rights of Surviving Spouse

Sec. 161.235.  RIGHTS OF SURVIVING SPOUSE.  If an eligible Texas veteran dies after he has filed with the board an application and contract of sale to purchase through the board the tract selected by him or her and before the purchase is completed, the surviving spouse of the veteran may complete the transaction.|Acts 1977, 65th Leg., p. 2669, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.|
TX Nat Res Code § 161.236 (2021)
2021 Texas Statutes|Natural Resources Code|Title 7 - Resources Programs|Chapter 161 - Veterans Land Board|Subchapter F. Purchase, Sale, and Other Disposition of Land|Section 161.236. Number of Tracts Purchased

Sec. 161.236.  NUMBER OF TRACTS PURCHASED.  The board may promulgate rules to determine the number of tracts of land that a veteran may purchase under this chapter.|Acts 1977, 65th Leg., p. 2669, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.  Amended by Acts 1999, 76th Leg., ch. 133, Sec. 1, eff. May 20, 1999.|
TX Nat Res Code § 161.237 (2021)
2021 Texas Statutes|Natural Resources Code|Title 7 - Resources Programs|Chapter 161 - Veterans Land Board|Subchapter F. Purchase, Sale, and Other Disposition of Land|Section 161.237. Exemption From Certain Real Estate Transaction Laws

Sec. 161.237.  EXEMPTION FROM CERTAIN REAL ESTATE TRANSACTION LAWS.  (a)  Unless the statute specifically states that the statute applies to the board, the following statutes do not apply to the board:(1)  a statute that would require the board to provide a notice or disclosure to a buyer of real property; and(2)  a statute relating to the sale, purchase, or financing of real property by an executory contract, including a contract for deed or other similar sale.(b)  This section does not affect the application of a statute described by Subsection (a)(2) to a party involved in a transaction with the board.|Added by Acts 2007, 80th Leg., R.S., Ch. 234 (H.B. 1853), Sec. 3, eff. May 25, 2007.|
TX Nat Res Code § 161.281 (2021)
2021 Texas Statutes|Natural Resources Code|Title 7 - Resources Programs|Chapter 161 - Veterans Land Board|Subchapter G. Purchase and Sale of Selected Land|Section 161.281. Selection of Land

Sec. 161.281.  SELECTION OF LAND.  (a)  If a veteran desires a particular tract of land located in this state, on proper showing of eligibility to benefits under this chapter, he may be authorized by the board to select the land that he desires and submit his selection to the board on its prescribed form.(b)  The board shall establish a procedure that requires the veteran to personally inspect the tract he has selected.  The board may by rule waive the inspection requirement.  If the board grants the veteran's request for a waiver, the veteran must designate in writing a personal representative who will inspect the tract for him.  The veteran's representative shall submit to the board an affidavit stating that he has inspected the tract the veteran selected.(c)  In order to respond to market conditions, the board may from time to time by rule set the minimum acreage that a veteran may purchase.  However, the board may not set the minimum acreage at less than one acre.|Acts 1977, 65th Leg., p. 2669, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.  Amended by Acts 1985, 69th Leg., ch. 798, Sec. 12, eff. Sept. 1, 1985;  Acts 2003, 78th Leg., ch. 674, Sec. 4, eff. Sept. 1, 2003.|
TX Nat Res Code § 161.282 (2021)
2021 Texas Statutes|Natural Resources Code|Title 7 - Resources Programs|Chapter 161 - Veterans Land Board|Subchapter G. Purchase and Sale of Selected Land|Section 161.282. Processing Applications

Sec. 161.282.  PROCESSING APPLICATIONS.  As far as practical, applications shall be processed in the order in which they are received by the board.|Acts 1977, 65th Leg., p. 2670, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.|
TX Nat Res Code § 161.283 (2021)
2021 Texas Statutes|Natural Resources Code|Title 7 - Resources Programs|Chapter 161 - Veterans Land Board|Subchapter G. Purchase and Sale of Selected Land|Section 161.283. Purchase by Board

Sec. 161.283.  PURCHASE BY BOARD.  (a)  If the board is satisfied with the value and desirability of the property selected by the veteran, it may purchase the land from its owner on the agreed terms.(b)  The board shall pay not more than $60,000 for the property, but may pay more if the veteran pays to the board or the board's designee in cash, in accordance with its rules, that portion of the purchase price in excess of the amount that the board agrees to pay.  The amount shall be paid not later than the date on which the board acquires title to the property.(c)  A cash payment by the veteran is considered a down payment on the price of the land when sold to the veteran by the board and is in addition to the initial payment required by Section 161.222 of this code.|Acts 1977, 65th Leg., p. 2670, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.  Amended by Acts 1979, 66th Leg., p. 1899, ch. 768, Sec. 3, eff. June 13, 1979;  Acts 1991, 72nd Leg., ch. 160, Sec. 2, eff. Aug. 26, 1991;  Acts 2003, 78th Leg., ch. 674, Sec. 5, eff. Sept. 1, 2003.|
TX Nat Res Code § 161.284 (2021)
2021 Texas Statutes|Natural Resources Code|Title 7 - Resources Programs|Chapter 161 - Veterans Land Board|Subchapter G. Purchase and Sale of Selected Land|Section 161.284. Appraisal and Title

Sec. 161.284.  APPRAISAL AND TITLE.  The board shall have an appraisal of the property made as it considers necessary to determine the value and, before consummating the purchase, shall satisfy itself regarding the title as provided in Section 161.214 of this code.  The board may by rule require an on-site meeting between the appraiser and the veteran.|Acts 1977, 65th Leg., p. 2670, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.  Amended by Acts 1985, 69th Leg., ch. 798, Sec. 13, eff. Sept. 1, 1985.|
TX Nat Res Code § 161.285 (2021)
2021 Texas Statutes|Natural Resources Code|Title 7 - Resources Programs|Chapter 161 - Veterans Land Board|Subchapter G. Purchase and Sale of Selected Land|Section 161.285. Separate Transactions

Sec. 161.285.  SEPARATE TRANSACTIONS.  (a)  No transaction under this chapter may be considered together with any other transaction to constitute a block deal between the state and two or more veteran purchasers, and each tract of land is considered as a wholly separate entity without dependence on any other tract of land, substance, matter, person, or thing in determining its value, purchase, or sale under this chapter.(b)  None of the provisions of this chapter may be construed to prevent the purchase or sale or both of contiguous tracts of land to separate purchasers as long as the value of the land is determined in the manner provided in Section 161.284 of this code.|Acts 1977, 65th Leg., p. 2670, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.|
TX Nat Res Code § 161.286 (2021)
2021 Texas Statutes|Natural Resources Code|Title 7 - Resources Programs|Chapter 161 - Veterans Land Board|Subchapter G. Purchase and Sale of Selected Land|Section 161.286. Purchase Preference

Sec. 161.286.  PURCHASE PREFERENCE.  (a)  The property acquired by the board becomes a part of the fund, but the veteran who has selected the land has a preference right to purchase the land from the board.(b)  To be entitled to the preference right, the veteran shall agree in writing before the board purchases the land to purchase the land from the board for the price paid for it.(c)  If the veteran fails or refuses to exercise the preference right, the land may be sold by the board in the same manner provided for the sale of land forfeited under this chapter.|Acts 1977, 65th Leg., p. 2670, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.|
TX Nat Res Code § 161.287 (2021)
2021 Texas Statutes|Natural Resources Code|Title 7 - Resources Programs|Chapter 161 - Veterans Land Board|Subchapter G. Purchase and Sale of Selected Land|Section 161.287. Rules Governing Sale

Sec. 161.287.  RULES GOVERNING SALE.  The rules governing the sale of land under this subchapter are governed by the provisions of this chapter relating to sale of land generally by the board except where those provisions conflict with this subchapter.|Acts 1977, 65th Leg., p. 2670, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.|
TX Nat Res Code § 161.288 (2021)
2021 Texas Statutes|Natural Resources Code|Title 7 - Resources Programs|Chapter 161 - Veterans Land Board|Subchapter G. Purchase and Sale of Selected Land|Section 161.288. Refund

Sec. 161.288.  REFUND.  If the title to the land is not approved and accepted by the board, any amount paid to the board or the board's designee in excess of the amount that the board agreed to pay for the selected land shall be refunded to the veteran together with any other down payment remitted to the board.|Acts 1977, 65th Leg., p. 2671, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.  Amended by Acts 2003, 78th Leg., ch. 674, Sec. 6, eff. Sept. 1, 2003.|
TX Nat Res Code § 161.311 (2021)
2021 Texas Statutes|Natural Resources Code|Title 7 - Resources Programs|Chapter 161 - Veterans Land Board|Subchapter H. Forfeiture|Section 161.311. Board Judge of Forfeiture

Sec. 161.311.  BOARD JUDGE OF FORFEITURE.  The board is the sole judge of forfeiture of any purchase contract under this chapter and any person availing himself of the provisions of this chapter by so doing agrees to abide by this chapter.|Acts 1977, 65th Leg., p. 2671, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.|
TX Nat Res Code § 161.312 (2021)
2021 Texas Statutes|Natural Resources Code|Title 7 - Resources Programs|Chapter 161 - Veterans Land Board|Subchapter H. Forfeiture|Section 161.312. Forfeiture by Board

Sec. 161.312.  FORFEITURE BY BOARD.  (a)  If a portion of the principal of or interest on any sale is not paid when due, or if the provisions of this chapter, the contract, or the rules of the board are not complied with, the contract of sale and purchase is subject to forfeiture by action of the board on 30 days written notice to the original purchaser and his vendee.(b)  The notice shall state the reason why the contract of sale and purchase is subject to forfeiture and is sufficient if given by certified mail to the last known address of the original purchaser and his vendees.|Acts 1977, 65th Leg., p. 2671, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.  Amended by Acts 1999, 76th Leg., ch. 134, Sec. 3, eff. May 20, 1999.|
TX Nat Res Code § 161.313 (2021)
2021 Texas Statutes|Natural Resources Code|Title 7 - Resources Programs|Chapter 161 - Veterans Land Board|Subchapter H. Forfeiture|Section 161.313. Correction of Reason for Forfeiture

Sec. 161.313.  CORRECTION OF REASON FOR FORFEITURE.  If the person corrects or cures the reason for forfeiture within the 30-day notice period, the board shall not enter an order of forfeiture.|Acts 1977, 65th Leg., p. 2671, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.|