Texas Government Code 2306.273 – Limitation On Application of Certain Provisions of Subchapter
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Terms Used In Texas Government Code 2306.273
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
Sections 2306.261 through 2306.271 do not apply to a housing development:
(1) for which individuals or families of low and very low income or families of moderate income receive a mortgage loan under this chapter; and
(2) that initially is intended for occupancy by those individuals or families.