Tex. Occupations Code § 1201.511

This is the official text of Tex. Occupations Code § 1201.511, part of Texas’s Occupations Code — governs professional and occupational licensing.

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§ 1201.511. PROHIBITED REAL ESTATE TRANSACTION.

Official statutory text

(a) This section applies to a transaction in which a manufactured home is sold as personal property.

(b) A retailer may not sell, represent for sale, or offer for sale real property in conjunction with the sale of a manufactured home except as authorized by the department consistent with Chapter 1101.

(c) A retailer, broker, or salesperson or a person acting on behalf of a retailer or broker may not receive or accept compensation or consideration of any kind from the seller of the real property or a person acting on the seller's behalf. No part of the down payment on the purchase of the manufactured home or any fees, points, or other charges or "buy-downs" may be paid from money from the seller of the real property or a person acting on the seller's behalf.

Status: in_force · Read it on the official government site

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