Texas § 1201.1511 REAL PROPERTY APPRAISAL AND TITLE WORK EXPENSES.

Texas Statutes

§ 1201.1511 — REAL PROPERTY APPRAISAL AND TITLE WORK EXPENSES.

Texas § 1201.1511

Code OCOccupations Code

This text of Texas § 1201.1511 (REAL PROPERTY APPRAISAL AND TITLE WORK EXPENSES.) 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. Occupations Code Code Ann. § 1201.1511 (2026).

Text

Sec. 1201.1511. REAL PROPERTY APPRAISAL AND TITLE WORK EXPENSES.

(a)Notwithstanding Section 1201.151 or 1201.1521 , a retailer may collect from a consumer in advance or deduct from the consumer's deposit or down payment any expenses incurred by the retailer if, after receiving a conditional notification of approval from a lender chosen by the consumer, the consumer:

(1)contracts with the retailer to arrange for services that are performed by an appraiser of real property or a title company in connection with real property that will be included in the purchase or exchange or is intended to be pledged by the consumer as collateral for the consumer's purchase or exchange of a manufactured home;

(2)is provided notice of laws relating to rescission and real property appraisal and title work

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Sec. 1201.1511. REAL PROPERTY APPRAISAL AND TITLE WORK EXPENSES. (a) Notwithstanding Section 1201.151 or 1201.1521 , a retailer may collect from a consumer in advance or deduct from the consumer's deposit or down payment any expenses incurred by the retailer if, after receiving a conditional notification of approval from a lender chosen by the consumer, the consumer:
(1) contracts with the retailer to arrange for services that are performed by an appraiser of real property or a title company in connection with real property that will be included in the purchase or exchange or is intended to be pledged by the consumer as collateral for the consumer's purchase or exchange of a manufactured home;
(2) is provided notice of laws relating to rescission and real property appraisal and title work expenses before signing the contract for real property appraisal and title work services; and
(3) is provided an itemized list of the specific real property appraisal and title work expenses incurred by the retailer.
(b) A retailer may not charge to the consumer any fees or expenses other than the real property appraisal and title work expenses disclosed to the consumer under Subsection (a)(3).
(c) The department may demand copies of contracts, invoices, receipts, or other proof of any real property appraisal and title work expenses retained by a retailer.