Sec. 2702.051. APPLICABILITY. This subchapter does not apply to the closing or settlement of:
(1) a residential real property transaction regulated by the Real Estate Settlement Procedures Act of 1974 (Pub. L. No. 93-533); or
(2) a real property transaction if the closing or settlement is not actually handled by:
(A) a title insurance company, a title insurance agent, or an attorney for a title insurance company or title insurance agent; or
(B) a representative of a title insurance company, a title insurance agent, or an attorney for a title insurance company or title insurance agent.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.
Structure Texas Statutes
Subtitle E - The Business of Title Insurance
Chapter 2702 - Closing and Settlement
Subchapter B. Uniform Closing and Settlement Statements
Section 2702.051. Applicability
Section 2702.052. Duty to Prescribe Uniform Closing and Settlement Statement Forms
Section 2702.053. Content of Closing and Settlement Statement
Section 2702.054. Use of Alternate Settlement Statement Form Permitted