Texas Property Code

§ 51.009 — FORECLOSED PROPERTY SOLD "AS IS"

PR § 51.009Title 5. EXEMPT PROPERTY AND LIENS · Part B. LIENS · Ch. 51. PROVISIONS GENERALLY APPLICABLE TO LIENS

Statute text

A purchaser at a sale of real property under Section 51.002:

(1)acquires the foreclosed property "as is" without any expressed or implied warranties, except as to warranties of title, and at the purchaser's own risk; and

(2)is not a consumer.

Legislative history

Added by Acts 2003, 78th Leg., ch. 554, Sec. 1, eff. Jan. 1, 2004.