Tex. Prop. Code § 207.005 · Chapter 207. DISCLOSURE OF INFORMATION BY PROPERTY OWNERS' ASSOCIATIONS
EFFECT OF RESALE CERTIFICATE; LIABILITY.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A property owners' association may not deny the validity of any statement in the resale certificate. The property owners' association's lien to secure undisclosed amounts due the property owners' association on the date the resale certificate is prepared shall automatically terminate as a lien securing the undisclosed amount. A buyer, buyer's agent, owner, owner's agent, lender, and title insurance company and its agent are not liable for any debt or claim existing on the preparation date of the resale certificate that is not disclosed in the resale certificate.
(b) A resale certificate does not affect:
(1) the right of a property owners' association to recover debts or claims that arise or become due after the date the resale certificate is prepared; or
(2) a lien on a property securing payment of future assessments held by the property owners' association.
(c) The owner's agent and the title insurance company and its agent are not liable to a buyer for any delay or failure by the property owners' association in delivering the information required by Section 207.003.
(d) Except as provided by Section 207.004, the property owners' association is not liable to an owner selling property in the subdivision for delay or failure to deliver the information required by Section 207.003. An officer or agent of the property owners' association is not liable for a delay or failure to furnish a resale certificate.
Notes and commentary — not statutory text
History
Added by Acts 1999, 76th Leg., ch. 1198, Sec. 1, eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/PR/htm/PR.207.htm
- Text hash
- sha256 1cae24795ba40a985afec3f25bae6f8decbd963244e1d0adbe7388a61fd8dc06
- 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
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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.