Texas HB2968 mandates registration and reporting requirements for corporate owners of multiple single-family homes used as rental properties.

Texas HB2968 requires corporate owners of multiple single-family homes used as rental properties to register with the secretary of state. The registration must include details such as the corporate owner's business name, address, incorporation information, and the number of homes owned. The bill also mandates the creation of a searchable registry of these corporate owners on the secretary of state's website. Additionally, it prohibits county clerks from recording instruments conveying title to single-family homes unless specific conditions are met.

Texas HB2968 mandates registration and reporting requirements for corporate owners of multiple single-family homes used as rental properties.

Texas HB2968 requires corporate owners of multiple single-family homes used as rental properties to register with the secretary of state. The registration must include details such as the corporate owner's business name, address, incorporation information, and the number of homes owned. The bill also mandates the creation of a searchable registry of these corporate owners on the secretary of state's website. Additionally, it prohibits county clerks from recording instruments conveying title to single-family homes unless specific conditions are met.