Texas Statutes (Last Updated: January 4, 2014) |
NATURAL RESOURCES CODE |
Title 2. PUBLIC DOMAIN |
Subtitle C. ADMINISTRATION |
Chapter 32. SCHOOL LAND BOARD |
Subchapter D. SALE AND LEASE OF LAND |
Sec. 32.113. EXEMPTION FROM CERTAIN REAL ESTATE TRANSACTION LAWS
Latest version.
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(a) Unless the statute specifically states that the statute applies to the board, the following statutes do not apply to the board:
(1) a statute that would require the board to provide a notice or disclosure to a buyer of real property; and
(2) a statute relating to the sale, purchase, or financing of real property by an executory contract, including a contract for deed or other similar sale.
(b) This section does not affect the application of a statute described by Subsection (a)(2) to a party involved in a transaction with the board.
Added by Acts 2007, 80th Leg., R.S., Ch. 234 , Sec. 2, eff. May 25, 2007.