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TX HB2468
Bill
Status
6/20/2025
Primary Sponsor
Cody Harris
Click for details
AI Summary
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Purchasers may terminate a real estate contract for any reason within 7 days of receiving notice that the property is located in a public improvement district, if the seller failed to provide this notice before contract execution
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Termination right applies only if the municipality or county filed a copy of the service plan with the county clerk before the contract was entered into
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Amends Section 5.0141(b) of the Texas Property Code
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Applies only to contracts executed on or after the effective date; prior contracts remain governed by existing law
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Takes effect immediately with two-thirds legislative vote, otherwise September 1, 2025; passed House 142-4 on April 23, 2025 and Senate 31-0 on May 22, 2025
Legislative Description
Relating to the right of a purchaser to terminate a contract of purchase and sale of real property for failure to provide notice that the property is located in a public improvement district.
Property Interests
Last Action
Effective immediately
6/20/2025