Texas SB291 requires entities with eminent domain authority to disclose appraisal reports to property owners when making an offer to acquire real.

Texas SB291 amends the Property Code to mandate that entities with eminent domain authority must disclose any appraisal reports related to a property owner's real estate when making an offer to purchase or lease the property. These reports must be produced or acquired by the entity and prepared within the 10 years preceding the offer. Failure to disclose these reports makes the entity liable for reasonable attorney's fees incurred by the property owner in connection with the acquisition.

Texas SB291 requires entities with eminent domain authority to disclose appraisal reports to property owners when making an offer to acquire real.

Texas SB291 amends the Property Code to mandate that entities with eminent domain authority must disclose any appraisal reports related to a property owner's real estate when making an offer to purchase or lease the property. These reports must be produced or acquired by the entity and prepared within the 10 years preceding the offer. Failure to disclose these reports makes the entity liable for reasonable attorney's fees incurred by the property owner in connection with the acquisition.