Texas Business and Commerce Code Chapter 103 – Appraisals Improperly Induced by Mortgage Lenders
Current as of: 2024 | Check for updates
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| § 103.001 | Definitions |
| § 103.002 | Criminal Penalty |
Terms Used In Texas Business and Commerce Code Chapter 103 - Appraisals Improperly Induced by Mortgage Lenders
- Appraisal: A determination of property value.
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Lien: A claim against real or personal property in satisfaction of a debt.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.