(a) This chapter does not apply to a claim:
(1) against a political subdivision of this state that acquires land:
(A) as a result of the foreclosure of a lien held by the political subdivision, including land that was bid off to the political subdivision under Section 34.01, Tax Code; or
(B) under Section 31.061, Tax Code;
(2) that arises after the date the land was acquired and before the date the land is sold, conveyed, or exchanged by the political subdivision; and
(3) that arises from:
(A) the condition of the land;
(B) a premises defect on the land; or
(C) an action committed by any person, other than an agent or employee of the political subdivision, on the land.
(b) In this section, "land" includes any building or improvement located on land acquired by a political subdivision.