Sec. 1101.555. NOTICE TO BUYER REGARDING ABSTRACT OR TITLE POLICY  


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  • When an offer to purchase real estate in this state is signed, a license holder shall advise each buyer, in writing, that the buyer should:

    (1) have the abstract covering the real estate that is the subject of the contract examined by an attorney chosen by the buyer; or

    (2) be provided with or obtain a title insurance policy.

Added by Acts 2001, 77th Leg., ch. 1421, Sec. 2, eff. June 1, 2003.