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Texas Property Code

§ 5.252 — EXCEPTIONS: UNITED STATES CITIZENS AND LAWFUL RESIDENTS; CERTAIN ENTITIES OWNED OR CONTROLLED BY UNITED STATES CITIZENS OR LAWFUL RESIDENTS; LEASEHOLD

PR § 5.252Title 2. CONVEYANCES · Ch. 5. CONVEYANCES · Art. H. PURCHASE OR ACQUISITION OF REAL PROPERTY BY CERTAIN FOREIGN INDIVIDUALS OR ENTITIES

Statute text

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This subchapter does not apply to:
(1)an individual who is a citizen or lawful permanent resident of the United States;
(2)a company or organization that is owned by or under the control of:
(A)one or more individuals described by Subdivision (1); and
(B)no individual described by Section 5.253; or
(3)a leasehold interest in land or improvements constructed on a leasehold if the duration of the interest is less than one year.

Legislative history

Added by Acts 2025, 89th Leg., R.S., Ch. 956 (S.B. 17), Sec. 4, eff. September 1, 2025.