Sec. 347.401. PRIORITY OF SECURITY INTEREST FOR UNPAID RENTAL OF REAL PROPERTY. Except as provided by this subchapter, a lien or charge against a manufactured home for unpaid rental of the real property on which the manufactured home is or has been located is subordinate to the rights of a creditor with a security interest or lien that is:
(1) perfected under this chapter; and
(2) recorded on the document of title issued on the manufactured home.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 4 - Regulation of Interest, Loans, and Financed Transactions
Subtitle B - Loans and Financed Transactions
Chapter 347 - Manufactured Home Credit Transactions
Subchapter I. Security Interests in Manufactured Homes
Section 347.401. Priority of Security Interest for Unpaid Rental of Real Property
Section 347.402. Possessory Lien
Section 347.403. Amounts That May Be Recovered by Real Property Owner