Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
SB 1107 strengthens real estate disclosure requirements related to Public Improvement Districts (PIDs). If a seller fails to provide a buyer with notice that a property is located in a PID, the buyer is entitled to terminate the purchase contract within seven days of receiving the required notice. However, this termination right only applies if the municipality or county properly filed the PID service plan with the county clerk before the contract date.
Author (1)
Tan Parker
Contact the Author
Sen. Tan Parker
Capitol Phone:
(512) 463-0112
Capitol Office:
EXT E1.608
E-Mail:
