Texas SB443 limits corporate ownership of single-family homes for rental and imposes a civil penalty.

Texas SB443 restricts corporate ownership of single-family homes for rental purposes. It limits corporate owners to holding interests in no more than 10 such homes at any time. The bill also prohibits corporate owners from entering contracts to purchase homes if they already hold interests in 10 or more rental homes. Violators face a civil penalty of $100,000 per home. The Texas Real Estate Research Center at Texas A&M University must compile data on corporate ownership and maintain a public database. The bill takes effect September 1, 2025.

Texas SB443 limits corporate ownership of single-family homes for rental and imposes a civil penalty.

Texas SB443 restricts corporate ownership of single-family homes for rental purposes. It limits corporate owners to holding interests in no more than 10 such homes at any time. The bill also prohibits corporate owners from entering contracts to purchase homes if they already hold interests in 10 or more rental homes. Violators face a civil penalty of $100,000 per home. The Texas Real Estate Research Center at Texas A&M University must compile data on corporate ownership and maintain a public database. The bill takes effect September 1, 2025.