Texas § 2165.215 PURCHASE OF BUILDING SUBJECT TO EXISTING LEASES.

Texas Statutes

§ 2165.215 — PURCHASE OF BUILDING SUBJECT TO EXISTING LEASES.

Texas § 2165.215

Code GVGovernment Code

This text of Texas § 2165.215 (PURCHASE OF BUILDING SUBJECT TO EXISTING LEASES.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Government Code Code Ann. § 2165.215 (2026).

Text

Sec. 2165.215. PURCHASE OF BUILDING SUBJECT TO EXISTING LEASES.

(a)If the commission determines under Section 2166.452 or 2166.453 that the purchase of an existing building is more advantageous to the state than constructing a new building or continuing to lease space for a state agency, but a purchase of the building would be subject to existing leases to private tenants that exceed 15 percent of the building's total space, the commission may purchase the building subject to existing leases notwithstanding Section 2165.205 .

(b)On expiration of a private tenant's existing lease, the commission may renew the lease subject to this subchapter, including Section 2165.205 . SUBCHAPTER F. PARTICULAR BUILDINGS AND PROPERTY

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Sec. 2165.215. PURCHASE OF BUILDING SUBJECT TO EXISTING LEASES. (a) If the commission determines under Section 2166.452 or 2166.453 that the purchase of an existing building is more advantageous to the state than constructing a new building or continuing to lease space for a state agency, but a purchase of the building would be subject to existing leases to private tenants that exceed 15 percent of the building's total space, the commission may purchase the building subject to existing leases notwithstanding Section 2165.205 .
(b) On expiration of a private tenant's existing lease, the commission may renew the lease subject to this subchapter, including Section 2165.205 .
SUBCHAPTER F. PARTICULAR BUILDINGS AND PROPERTY