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Texas Property Code

§ 221.036 — DEVELOPER PREPARATION AND COMPLETION OF DOCUMENTS

PR § 221.036Title 12. MISCELLANEOUS SHARED REAL PROPERTY INTERESTS · Ch. 221. TEXAS TIMESHARE ACT · Art. D. DISCLOSURE

Statute text

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(a)A developer may charge a reasonable fee for completion of a contract form, closing document, or disclosure document required for the sale, exchange, option, lease, or rental of a timeshare interest.
(b)The action of a developer under Subsection (a) does not constitute the unauthorized or illegal practice of law in this state if the contract or document has been:
(1)accepted by the commission for use in the particular type of transaction involved; or
(2)prepared by an attorney licensed to practice law in this state for use in the particular type of transaction involved.

Legislative history

Added by Acts 2003, 78th Leg., ch. 1244, Sec. 1, eff. June 20, 2003.