Texas Property Code
§ 5.061 — DEFINITION
PR § 5.061Title 2. CONVEYANCES · Ch. 5. CONVEYANCES · Art. D. EXECUTORY CONTRACT FOR CONVEYANCE
Statute text
View on sourceIn this subchapter, "default" means the failure to:
(1)make a timely payment; or
(2)comply with a term of an executory contract.
Legislative history
Added by Acts 1995, 74th Leg., ch. 994, Sec. 2, eff. Sept. 1, 1995. Renumbered from Property Code Sec. 5.065 and amended by Act 2001, 77th Leg., ch. 693, Sec. 1, Sept. 1, 2001.