Texas Laws - Business and Commerce Code
BUSINESS AND COMMERCE CODE
TITLE 2. COMPETITION AND TRADE PRACTICES

(b) The attorney general is entitled to recover reasonable expenses incurred in obtaining injunctive relief or a civil penalty, or both, under this section, including court costs and reasonable attorney's fees. (7320)

(c) The court may make such additional orders or judgments as are necessary to return to the purchaser a deed conveying residential real estate that the court finds was acquired by means of any violation of this chapter. (7321)

(d) In bringing or participating in an action under this chapter, the attorney general acts in the name of the state and does not establish an attorney-client relationship with another person, including a person to whom the attorney general requests that the court award relief. (7322)

(e) An action by the attorney general must be brought not later than the fourth anniversary of the date the deed was recorded. (7323)

Added by Acts 2011, 82nd Leg., R.S., Ch. 1242 (S.B. 1320), Sec. 1, eff. September 1, 2011. (7324)

Redesignated from Business and Commerce Code, Chapter 21 by Acts 2013, 83rd Leg., R.S., Ch. 161 (S.B. 1093), Sec. 22.001(1), eff. September 1, 2013. (7325)

CHAPTER 22. PUBLIC SALE OF RESIDENTIAL REAL PROPERTY UNDER POWER OF SALE (7326)(1-click HTML)

Sec. 22.001. DEFINITIONS. (7327)(1-click HTML)

In this chapter: (7328)

(1) "Auction company" has the meaning assigned by Section 1802.001, Occupations Code. (7329)

(2) "Residential real property" means: (7330)

(A) a single-family house; (7331)

(B) a duplex, triplex, or quadraplex; or (7332)

(C) a unit in a multiunit residential structure in which title to an individual unit is transferred to the owner of the unit under a condominium or cooperative system. (7333)

(3) "Security instrument," "substitute trustee," and "trustee" have the meanings assigned by Section 51.0001, Property Code. (7334)

Added by Acts 2017, 85th Leg., R.S., Ch. 1012 (H.B. 1470), Sec. 1, eff. September 1, 2017. (7335)

Sec. 22.002. APPLICABILITY. (7336)(1-click HTML)

This chapter applies only to a public sale of residential real property conducted under a power of sale in a security instrument. (7337)

Added by Acts 2017, 85th Leg., R.S., Ch. 1012 (H.B. 1470), Sec. 1, eff. September 1, 2017. (7338)

Sec. 22.003. CONTRACTS CONCERNING SALE. (7339)(1-click HTML)

A trustee or substitute trustee conducting a sale to which this chapter applies may contract with: (7340)

(1) an attorney to advise the trustee or substitute trustee or to administer or perform any of the trustee's or substitute trustee's functions or responsibilities under a security instrument or this chapter; or (7341)

(2) an auction company to arrange, manage, sponsor, or advertise a public sale. (7342)

  

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