Relating to exempting certain state agencies from certain laws relating to real property transactions.
TXOGA Comments on HB 1853
(GLO exemption from certain laws relating to real property transactions)
Same as SB 771/Van de Putte.
Exempts the General Land Office from the following statutory requirements unless a statute specifically states that the statute applies to the GLO:
a statute that would require the land office to provide a notice or disclosure to a buyer of real property; and
a statute relating to the sale, purchase, or financing of real property by an executory contract, including a contract for deed or other similar sale (but does not affect application of a statute to a party involved in a transaction with the GLO).