Sec. 202.045. PAYMENT OF ASSESSMENT

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(a) A property owner on whom an assessment is imposed may pay the assessment in three equal annual installments, which shall bear interest at the rate of five percent a year.
(b) The governing board shall evidence the assessment by recording a certificate in the deed records of the county. The county judge shall sign the certificate and the county clerk shall attest to the certificate by corporate seal.
(c) When executed and levied, the certificate is a valid first lien on the property on which the assessment is made and when recorded is notice of the lien to a subsequent purchaser of the property.

Acts 1981, 67th Leg., p. 1487, ch. 388, Sec. 1, eff. Sept. 1, 1981.

                    
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