Texas § 5.0205 EQUITABLE INTEREST DISCLOSURE.

Texas Statutes

§ 5.0205 — EQUITABLE INTEREST DISCLOSURE.

Texas § 5.0205

Code PRProperty Code

This text of Texas § 5.0205 (EQUITABLE INTEREST DISCLOSURE.) 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. Property Code Code Ann. § 5.0205 (2026).

Text

Sec. 5.0205. EQUITABLE INTEREST DISCLOSURE. 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. Transferred, redesignated and amended from Property Code, Section 5.086 by Acts 2023, 88th Leg., R.S., Ch. 94 (S.B. 1577 ), Sec. 27, eff. January 1, 2024.

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Sec. 5.0205. EQUITABLE INTEREST DISCLOSURE. 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.
Transferred, redesignated and amended from Property Code, Section 5.086 by Acts 2023, 88th Leg., R.S., Ch. 94 (S.B. 1577 ), Sec. 27, eff. January 1, 2024.