Texas Property Code

§ 5.070 — SELLER'S DISCLOSURE OF TAX PAYMENTS AND INSURANCE COVERAGE

PR § 5.070Title 2. CONVEYANCES · Ch. 5. CONVEYANCES · Art. D. EXECUTORY CONTRACT FOR CONVEYANCE

(a)Before an executory contract is signed by the purchaser, the seller shall provide the purchaser with:

(1)a tax certificate from the collector for each taxing unit that collects taxes due on the property as provided by Section 31.08, Tax Code; and

(2)a legible copy of any insurance policy, binder, or other evidence relating to the property that indicates:

(A)the name of the insurer and the insured;

(B)a description of the property insured; and

(C)the amount for which the property is insured.

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Legislative history

Acts 2015, 84th Leg., R.S., Ch. 996 (H.B. 311), Sec. 4, eff. September 1, 2015.