Sec. 1101.555. NOTICE TO BUYER REGARDING ABSTRACT OR TITLE POLICY. 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.
Structure Texas Statutes
Title 7 - Practices and Professions Related to Real Property and Housing
Subtitle A - Professions Related to Real Estate
Chapter 1101 - Real Estate Brokers and Sales Agents
Subchapter L. Practice by License Holder
Section 1101.552. Fixed Office Required; Change of Address
Section 1101.553. Display of License
Section 1101.554. Copy of Sales Agent License
Section 1101.555. Notice to Buyer Regarding Abstract or Title Policy
Section 1101.556. Disclosure of Certain Information Relating to Occupants
Section 1101.557. Acting as Agent; Regulation of Certain Transactions
Section 1101.558. Representation Disclosure
Section 1101.559. Broker Acting as Intermediary
Section 1101.560. Associated License Holder Acting as Intermediary