Texas Property Code

§ 53.287 — CERTAIN AGREEMENTS EXEMPT

PR § 53.287Title 5. EXEMPT PROPERTY AND LIENS · Part B. LIENS · Ch. 53. MECHANIC'S, CONTRACTOR'S, OR MATERIALMAN'S LIEN · Art. L. WAIVER AND RELEASE OF LIEN OR PAYMENT BOND CLAIM

Statute text

View on source

This subchapter does not apply to a written agreement to subordinate, release, waive, or satisfy all or part of a lien or bond claim in:

(1)an accord and satisfaction of an identified dispute;

(2)an agreement concerning an action pending in any court or arbitration proceeding; or

(3)an agreement that is executed after an affidavit claiming the lien has been filed or the bond claim has been made.

Legislative history

Added by Acts 2011, 82nd Leg., R.S., Ch. 271 (H.B. 1456), Sec. 3, eff. January 1, 2012.