SUBCHAPTER D. PROTECTION OF PURCHASERS

Sec. 82.151.  APPLICABILITY.  (a)  This subchapter applies to each unit subject to this chapter, except as provided by Subsection (b) or as modified or waived by the agreement of a purchaser of a unit in a condominium in which all units are restricted to nonresidential use.
(b)  A condominium information statement or resale certificate need not be prepared or delivered in the case of:
(1)  a gratuitous disposition of a unit;
(2)  a disposition pursuant to court order;
(3)  a disposition by a government or governmental agency;
(4)  a disposition by foreclosure or deed in lieu of foreclosure;  or
(5)  a disposition that may be canceled at any time, for any reason, and without penalty.
Added by Acts 1993, 73rd Leg., ch. 244, Sec. 1, eff. Jan. 1, 1994.