TX SB443

Corporate owners (corporations, LLCs, REITs, investment trusts, etc.) are prohibited from owning or holding an interest in more than 10 single-family homes in Texas that are used or offered as rental properties

Violators face a civil penalty of $100,000 per single-family home held in excess of the 10-property limit, enforceable by the attorney general, county attorneys, or district attorneys

The Texas Real Estate Research Center at Texas A&M University must compile annual reports on corporate owners' single-family home purchases, rentals, and sales, with the first report due by June 1, 2026

The Center must create and maintain a free, publicly searchable online database tracking corporate ownership of single-family homes, updated monthly within 30 business days of obtaining new information

Exemptions apply to government agencies, 501(c)(3) nonprofits, licensed group home operators, employers renting to employees, housing developers (for properties held less than 5 years), and security interest holders who acquired properties through foreclosure