Tex. Civ. Prac. & Rem. Code § 16.013 · Subchapter A. LIMITATIONS OF PERSONAL ACTIONS
REAL ESTATE APPRAISERS AND APPRAISAL FIRMS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) In this section:
(1) "Appraisal" has the meaning assigned by Section 1103.003, Occupations Code.
(2) "Appraisal review" has the meaning assigned by Section 1104.003, Occupations Code.
(3) "Real estate appraisal firm" means an entity engaging a real estate appraiser as an owner, member, shareholder, partner, employee, or independent contractor to perform an appraisal or appraisal review.
(4) "Real estate appraiser" means an individual licensed or certified under Chapter 1103, Occupations Code.
(b) Except for an action for fraud or breach of contract, a person must bring suit for damages or other relief arising from an appraisal or appraisal review conducted by a real estate appraiser or appraisal firm not later than the earlier of:
(1) two years after the day the person knew or should have known the facts on which the action is based; or
(2) five years after the day the appraisal or appraisal review was completed.
Notes and commentary — not statutory text
History
Added by Acts 2021, 87th Leg., R.S., Ch. 328 (H.B. 1939), Sec. 1, eff. September 1, 2021.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/CP/htm/CP.16.htm
- Text hash
- sha256 0f8b766f1d4291d7017b11bb3030951de7cc936cb861322fb51de264c6494bf2
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
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Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.