Tex. Prop. Code § 5.0205 · Subchapter A. GENERAL PROVISIONS
EQUITABLE INTEREST DISCLOSURE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
Before entering into a contract to sell an option or assign an interest in a contract to purchase real property, a person must disclose in writing to:
(1) any potential buyer that the person is selling only an option or assigning an interest in a contract and that the person does not have legal title to the real property; and
(2) the owner of the real property that the person intends to sell an option or assign an interest in a contract.
Notes and commentary — not statutory text
History
Added by Acts 2017, 85th Leg., R.S., Ch. 974 (S.B. 2212), Sec. 4, eff. September 1, 2017.
Transferred, redesignated and amended from Property Code, Section 5.086 by Acts 2023, 88th Leg., R.S., Ch. 94 (S.B. 1577), Sec. 27, eff. January 1, 2024.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/PR/htm/PR.5.htm
- Text hash
- sha256 a191430dda7565961faa3ee7b97c02af274766ac490a8d2f19366addfa7c7ed0
- 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
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.