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Current as of January 01, 2024 | Updated by Findlaw Staff
A community land trust may retain title to land it acquires and may:
(1) sell housing units located on the land and lease the land under ground leases with terms of at least 99 years; or
(2) lease housing units located on the land.
Cite this article: FindLaw.com - Texas Local Government Code - LOC GOV'T § 373B.005. Ownership of Land and Housing Units - last updated January 01, 2024 | https://codes.findlaw.com/tx/local-government-code/loc-gov-t-sect-373b-005/
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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