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Code · Texas · PROPERTY CODE · TITLE 2. CONVEYANCES · CHAPTER 5. CONVEYANCES · SUBCHAPTER A. GENERAL PROVISIONS

Sec. 5.252. EXCEPTIONS: UNITED STATES CITIZENS AND LAWFUL RESIDENTS; CERTAIN ENTITIES OWNED OR CONTROLLED BY UNITED STATES CITIZENS OR LAWFUL RESIDENTS; LEASEHOLD.

117 words·~1 min read·/tx/property-code/title-2-conveyances/chapter-5-conveyances/subchapter-a-general-provisions/5-252·

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Sec. 5.252. EXCEPTIONS: UNITED STATES CITIZENS AND LAWFUL RESIDENTS; CERTAIN ENTITIES OWNED OR CONTROLLED BY UNITED STATES CITIZENS OR LAWFUL RESIDENTS; LEASEHOLD. This subchapter does not apply to:
(1)an individual who is a citizen or lawful permanent resident of the United States;
(2)a company or organization that is owned by or under the control of:
(A)one or more individuals described by Subdivision (1); and
(B)no individual described by Section 5.253 ; or
(3)a leasehold interest in land or improvements constructed on a leasehold if the duration of the interest is less than one year.
Added by Acts 2025, 89th Leg., R.S., Ch. 956 (S.B. 17 ), Sec. 4, eff. September 1, 2025.
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