Tex. Prop. Code § 5.204 · Subchapter G. CERTAIN PRIVATE TRANSFER FEES PROHIBITED; PRESERVATION OF PRIVATE REAL PROPERTY RIGHTS
ADDITIONAL COMPLIANCE REQUIREMENT: TIMELY ACCEPTANCE OF FEES PAID UNDER EXISTING PRIVATE TRANSFER FEE OBLIGATIONS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The payee of record on the date a private transfer fee is paid under a private transfer fee obligation subject to Section 5.203 must accept the payment on or before the 30th day after the date the payment is tendered to the payee.
(b) If the payee of record fails to comply with Subsection (a):
(1) the payment must be returned to the remitter;
(2) payment of the private transfer fee may not be a requirement for the conveyance of an interest in the property to a purchaser; and
(3) the property is not subject to further obligation under the private transfer fee obligation.
Notes and commentary — not statutory text
History
Added by Acts 2011, 82nd Leg., R.S., Ch. 211 (H.B. 8), Sec. 1, eff. June 17, 2011.
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 2c3ada93e65bf95141ef3374e4d8b3c52a0065787b47b61828c052cc0fb08386
- 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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