Texas Natural Resources Code

§ 32.113 — EXEMPTION FROM CERTAIN REAL ESTATE TRANSACTION LAWS

NR § 32.113Title 2. PUBLIC DOMAIN · Part C. ADMINISTRATION · Ch. 32. SCHOOL LAND BOARD · Art. D. SALE AND LEASE OF LAND

Statute text

(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.

Legislative history

Added by Acts 2007, 80th Leg., R.S., Ch. 234 (H.B. 1853), Sec. 2, eff. May 25, 2007.