Texas SB2611 creates real property theft and fraud offenses, sets statute of limitations, and mandates restitution.

SB2611 amends Texas law to establish the criminal offenses of real property theft and real property fraud. It sets a statute of limitations for these offenses and harmonizes other statute of limitations provisions. The bill also increases a criminal penalty and mandates restitution for real estate theft. Real property theft involves the theft of real property by certain fiduciaries or public servants with intent to defraud, while real property fraud involves knowingly making false statements to obtain real property or intent to defraud.

Texas SB2611 creates real property theft and fraud offenses, sets statute of limitations, and mandates restitution.

SB2611 amends Texas law to establish the criminal offenses of real property theft and real property fraud. It sets a statute of limitations for these offenses and harmonizes other statute of limitations provisions. The bill also increases a criminal penalty and mandates restitution for real estate theft. Real property theft involves the theft of real property by certain fiduciaries or public servants with intent to defraud, while real property fraud involves knowingly making false statements to obtain real property or intent to defraud.