Tex. Prop. Code § 93.007 · Chapter 93. COMMERCIAL TENANCIES
CESSATION OF OWNER'S INTEREST.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) If the owner's interest in the premises is terminated by sale, assignment, death, appointment of a receiver, bankruptcy, or otherwise, the new owner is liable for the return of the security deposit according to this chapter from the date title to the premises is acquired, regardless of whether an acknowledgement is given to the tenant under Subsection (b).
(b) The person who no longer owns an interest in the rental premises remains liable for a security deposit received while the person was the owner until the new owner delivers to the tenant a signed statement acknowledging that the new owner has received and is responsible for the tenant's security deposit and specifying the exact dollar amount of the deposit. The amount of the security deposit is the greater of:
(1) the amount provided in the tenant's lease; or
(2) the amount provided in an estoppel certificate prepared by the owner at the time the lease was executed or prepared by the new owner at the time the commercial property is transferred.
(c) Subsection (a) does not apply to a real estate mortgage lienholder who acquires title by foreclosure.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1460, 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.93.htm
- Text hash
- sha256 3e276e050fa327d71431f4d9d2423fdbdc2cbdb46e8c43ce69507a695d8f0510
- 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.