Tex. Property Code § 5.0205
This is the official text of Tex. Property Code § 5.0205, part of Texas’s Property Code — governs real property, landlord-tenant law, and property transactions.
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§ 5.0205. EQUITABLE INTEREST DISCLOSURE.
Official statutory text
Before entering into a contract to sell an option or assign an interest in a contract to purchase real property, a person must disclose in writing to:
(1) any potential buyer that the person is selling only an option or assigning an interest in a contract and that the person does not have legal title to the real property; and
(2) the owner of the real property that the person intends to sell an option or assign an interest in a contract.
(1) any potential buyer that the person is selling only an option or assigning an interest in a contract and that the person does not have legal title to the real property; and
(2) the owner of the real property that the person intends to sell an option or assign an interest in a contract.
Status: in_force · Read it on the official government site
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