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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) Sections 271.004-271.007 apply to the determination of the law that governs an issue relating to a transaction involving real property other than a matter described by Subsection (b), including the validity or enforceability of an indebtedness incurred in consideration for the transfer of, or the payment of which is secured by a lien on, real property.
(b) Sections 271.004-271.007 do not apply to the determination of the law that governs:
(1) whether a transaction transfers or creates an interest in real property for security purposes or otherwise;
(2) the nature of an interest in real property that is transferred or created by a transaction;
(3) the method for foreclosure of a lien on real property;
(4) the nature of an interest in real property that results from foreclosure; or
(5) the manner and effect of recording or failing to record evidence of a transaction that transfers or creates an interest in real property.
Cite this article: FindLaw.com - Texas Business and Commerce Code - BUS & COM § 271.008. Applicability to Certain Real Property Transactions; Exceptions - last updated January 01, 2024 | https://codes.findlaw.com/tx/business-and-commerce-code/bus-com-sect-271-008/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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