Tex. Prop. Code § 5.075 · Subchapter D. EXECUTORY CONTRACT FOR CONVEYANCE
PURCHASER'S RIGHT TO PLEDGE INTEREST IN PROPERTY ON CONTRACTS ENTERED INTO BEFORE SEPTEMBER 1, 2001.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) On an executory contract entered into before September 1, 2001 , a purchaser may pledge the interest in the property, which accrues pursuant to Section 5.066, only to obtain a loan for improving the safety of the property or any improvements on the property.
(b) Loans that improve the safety of the property and improvements on the property include loans for:
(1) improving or connecting a residence to water service;
(2) improving or connecting a residence to a wastewater system;
(3) building or improving a septic system;
(4) structural improvements in the residence; and
(5) improved fire protection.
Notes and commentary — not statutory text
History
Added by Acts 1995, 74th Leg., ch. 994, Sec. 3, eff. Sept. 1, 1995. Renumbered from Property Code Sec. 5.098 and amended by Acts 2001, 77th Leg., ch. 693, Sec. 1, eff. Sept. 1, 2001.
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 db90fc1e1374bbe133a76211aa438f7e4578f27fe01398feec9bc3893f4fd2a1
- 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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