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Tex. Prop. Code § 81.208

ASSESSMENTS DUE ON CONVEYANCE

Known as the Condominium Act

The act spans §§ 81–81 (26 sections).

Applied in 1 court decision — leading case Bundren v. Holly Oaks Townhomes Ass'n, Inc. (2011)

Most recently applied in Bundren v. Holly Oaks Townhomes Ass'n, Inc. (September 2011)

Acts 1983, 68th Leg., p. 3623, ch. 576, Sec. 1, eff

If an apartment owner conveys the apartment and assessments against the apartment are unpaid, the apartment owner shall pay the past due assessments out of the sale price of the apartment, or the purchaser shall pay the assessments, in preference to any other charges against the property except:

(1) assessments, liens, and charges in favor of this state or a political subdivision of this state for taxes on the apartment that are due and unpaid; or

(2) an obligation due under a validly recorded mortgage.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.