Texas Statutes (Last Updated: January 4, 2014) |
OCCUPATIONS CODE |
Title 7. PRACTICES AND PROFESSIONS RELATED TO REAL PROPERTY AND HOUSING |
Subtitle A. PROFESSIONS RELATED TO REAL ESTATE |
Chapter 1101. REAL ESTATE BROKERS AND SALESPERSONS |
Subchapter L. PRACTICE BY LICENSE HOLDER |
Sec. 1101.555. NOTICE TO BUYER REGARDING ABSTRACT OR TITLE POLICY
Latest version.
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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.