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TX HB733
Bill
Status
11/12/2024
Primary Sponsor
Cecil Bell
Click for details
AI Summary
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Requires sellers of residential real property in platted subdivisions to verify a purchaser's U.S. citizenship or legal residency before entering into executory contracts (contract-for-deed arrangements) or lease-option agreements
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Acceptable proof of citizenship/residency includes U.S. passport, naturalization certificate, social security number with state-issued photo ID, or foreign passport combined with permanent/temporary resident card or employment authorization
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Sellers must file an affidavit confirming verification of the purchaser's citizenship/residency status and a copy of the contract with the county clerk within 30 days of contract execution
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Violations constitute a Class B misdemeanor for first offense, elevated to Class A misdemeanor for second offense, and state jail felony for third or subsequent offenses
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Applies only to contracts entered into on or after September 1, 2025, and does not affect commercial real property transactions
Legislative Description
Relating to verification of citizenship or legal residency for purposes of certain contracts for or concerning the purchase of residential real property located in platted subdivisions; creating a criminal offense.
Property Interests
Last Action
Referred to Trade, Workforce & Economic Development
3/4/2025