Texas SB600 amends the Uniform Partition of Heirs' Property Act to enhance protections for heir cotenants.
Texas SB600 amends the Uniform Partition of Heirs' Property Act to enhance protections for heir cotenants. It requires a cotenant to notify all known heir cotenants of a proposed sale to a non-heir cotenant within 30 days. Heir cotenants who reside on the property have a right of first refusal to buy the interest at fair market value or the price paid by the non-heir cotenant. The bill also mandates that the Office of Court Administration create a standardized form to inform heirs of their rights and duties.
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