Texas Statutes (Last Updated: January 4, 2014) |
PROPERTY CODE |
Title 2. CONVEYANCES |
Chapter 5. CONVEYANCES |
Subchapter B. FORM AND CONSTRUCTION OF INSTRUMENTS |
Sec. 5.030. CORRECTION INSTRUMENT: EFFECT
Latest version.
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(a) A correction instrument that complies with Section 5.028 or 5.029 is:
(1) effective as of the effective date of the recorded original instrument of conveyance;
(2) prima facie evidence of the facts stated in the correction instrument;
(3) presumed to be true;
(4) subject to rebuttal; and
(5) notice to a subsequent buyer of the facts stated in the correction instrument.
(b) A bona fide purchaser of property that is subject to a correction instrument may rely on the instrument against any person making an adverse or inconsistent claim.
Added by Acts 2011, 82nd Leg., R.S., Ch. 194 , Sec. 1, eff. September 1, 2011.