HB 1524

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
Individual Liberty
Digest
HB 1524 proposes amendments to the Texas Property Code under the Texas Fair Housing Act. It introduces a new definition for a "bona fide offer," which specifies an offer made in good faith without deceitful intentions and legally binding on the parties, inclusive of a lump sum offer or earnest money deposit. Additionally, the definition of "dwelling" is updated to include structures intended or used as residences, with a certificate of occupancy, as well as vacant land marketed for the construction of such structures.
Author (1)
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