Texas HB4063 amends the Property Code to establish procedures for filing and releasing records of unilateral memorandums of contract concerning.
HB4063 amends the Texas Property Code to introduce procedures for filing and releasing records of unilateral memorandums of contract concerning residential property. A person filing such a memorandum must provide a certificate of mailing and send a copy of the memorandum to the property owner. An owner receiving such a notice can file an affidavit and certificate of mailing to release the record of the option or right asserted by the memorandum.
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