Sec. 5.015. PROHIBITED FEES. A person who has a right of first refusal in real property that is a condominium subject to Chapter 81 or Chapter 82 may not charge a fee for declining to exercise that right, such as a fee for providing written evidence of the declination.
Added by Acts 2005, 79th Leg., Ch. 825 (S.B. 810), Sec. 14, eff. September 1, 2005.
Renumbered from Property Code, Section 5.014 by Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 17.001(63), eff. September 1, 2007.
Structure Texas Statutes
Subchapter A. General Provisions
Section 5.002. Failing as a Conveyance
Section 5.003. Partial Conveyance
Section 5.004. Conveyance by Authorized Officer
Section 5.006. Attorney's Fees in Breach of Restrictive Covenant Action
Section 5.007. Vendor and Purchaser Risk Act
Section 5.008. Seller's Disclosure of Property Condition
Section 5.009. Duties of Life Tenant
Section 5.010. Notice of Additional Tax Liability
Section 5.011. Seller's Disclosure Regarding Potential Annexation
Section 5.012. Notice of Obligations Related to Membership in Property Owners' Association
Section 5.014. Notice of Obligations Related to Public Improvement District
Section 5.0141. Notice Required Before Contract Execution
Section 5.0142. Purchaser Signature Required
Section 5.0143. Recording of Notice at Closing
Section 5.0144. Reliance on Filed Service Plan
Section 5.0145. Suits for Damages
Section 5.015. Prohibited Fees
Section 5.016. Conveyance of Residential Property Encumbered by Lien
Section 5.018. Disclosure of Absence of Certain Warranties
Section 5.019. Notice of Water Level Fluctuations
Section 5.020. Easements Restricting Possession of Firearms or Alcoholic Beverages Prohibited