Tex. Property Code § 223.003
This is the official text of Tex. Property Code § 223.003, part of Texas’s Property Code — governs real property, landlord-tenant law, and property transactions.
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§ 223.003. AGREEMENTS AND RULES.
Official statutory text
(a) An agreement for the purchase of an interest in a managing entity must disclose to the purchaser that the agreement is for the purchase of an interest in the entity and not in any residential property itself.
(b) The purchase agreement and any other agreement or rules governing the residential arrangement or the ownership interest in the entity may not require that a dispute concerning the arrangement or interest be brought before a tribunal other than a court established under the laws of this state or the United States.
(b) The purchase agreement and any other agreement or rules governing the residential arrangement or the ownership interest in the entity may not require that a dispute concerning the arrangement or interest be brought before a tribunal other than a court established under the laws of this state or the United States.
Status: in_force · Read it on the official government site
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