Texas Property Code

§ 82.056 — LEASEHOLD CONDOMINIUMS

PR § 82.056Title 7. CONDOMINIUMS · Ch. 82. UNIFORM CONDOMINIUM ACT · Art. B. CREATION, ALTERATION, AND TERMINATION OF CONDOMINIUMS

Statute text

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(a)Any lease the expiration or termination of which may terminate the condominium or reduce its size must be recorded. The lessor shall sign the declaration, and the declaration must state:

(1)the recording data for the lease;

(2)the date on which the lease is scheduled to expire;

(3)a legally sufficient description of the real property subject to the lease;

(4)any right of the unit owners to redeem the reversion and the manner in which the unit owners may exercise that right, or a statement that the unit owners do not have that right;

(5)any right of the unit owners to remove improvements within a reasonable time after the expiration or termination of the lease, or a statement that the unit owners do not have that right; and

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Legislative history

Added by Acts 1993, 73rd Leg., ch. 244, Sec. 1, eff. Jan. 1, 1994.