Texas Property Code

§ 223.006 — CERTAIN CHARGES PROHIBITED

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

PR § 223.006Title 12. MISCELLANEOUS SHARED REAL PROPERTY INTERESTS · Ch. 223. BUSINESS ENTITY-OWNED RESIDENTIAL ARRANGEMENTS

Statute text

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A managing entity may not charge a fee for or share in the proceeds of the transfer of an interest in the managing entity from an owner to a subsequent purchaser.

Legislative history

Added by Acts 2025, 89th Leg., R.S., Ch. 1096 (H.B. 4211), Sec. 1, eff. June 20, 2025.