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TX HB5642

Bill

Status

Introduced

3/14/2025

Primary Sponsor

Josey Garcia

Click for details

Origin

House of Representatives

89th Legislature Regular Session

AI Summary

  • Requires licensed real estate agents to provide written notice about transfer on death deeds to parties at their first substantive communication regarding a proposed residential property purchase, with the notice printed in at least 10-point font

  • The required notice must describe transfer on death deeds, including their benefits, impact on wills, and consequences of an owner dying without a will or transfer on death deed, plus information about executing such deeds at closing

  • Applies to residential real property including single-family homes, duplexes, triplexes, quadraplexes, and condominium or cooperative units

  • License holders must maintain a link to the notice prominently on their advertising websites and must advise buyers in writing at the time of signing a purchase offer that they may execute a transfer on death deed

  • Texas Real Estate Commission must adopt implementing rules by December 1, 2025, with the requirements taking effect January 1, 2026

Legislative Description

Relating to the disclosure of information regarding a transfer on death deed in certain residential real property transactions.

Property Interests

Last Action

Left pending in subcommittee

5/5/2025

Committee Referrals

Family & Fiduciary Relationships Subcommittee4/7/2025

Full Bill Text

No bill text available