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Texas Health and Safety Code - HEALTH & SAFETY § 246.075. Escrow of Certain Fees Not Required

Current as of January 01, 2024 | Updated by Findlaw Staff

This subchapter does not require the escrow of a waitlist fee or a similar fee of $1,000 or less, or of any nonrefundable portion of a deposit or entrance fee that:

(1) does not exceed an amount equal to two percent of the entrance fee;  and

(2) is clearly designated as nonrefundable in the continuing care contract or reservation agreement.

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Cite this article: FindLaw.com - Texas Health and Safety Code - HEALTH & SAFETY § 246.075. Escrow of Certain Fees Not Required - last updated January 01, 2024 | https://codes.findlaw.com/tx/health-and-safety-code/health-safety-sect-246-075/

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