§ 2304.061 Primary Use for Loan
§ 2304.062 Department Loan Rules
§ 2304.063 Loan Application
§ 2304.064 Local Government Approval of Loan
§ 2304.065 Department Approval
§ 2304.066 Disbursement of Loan Funds
§ 2304.067 Limit On Amount of Loan
§ 2304.068 Administrative Charge Imposed by Local Government
§ 2304.069 Interest Rate
§ 2304.070 Term of Loan
§ 2304.071 Installment Payments
§ 2304.072 Loan to Be Secured
§ 2304.073 Other Loan Conditions
§ 2304.074 Adjustments If Borrower Unable to Repay Loan
§ 2304.075 Disposition or Encumbrance of Property by Borrower
§ 2304.076 Conditions Under Which Loan Becomes Immediately Due
§ 2304.077 Acquisition of Property to Protect Loan
§ 2304.078 Acquisition of Property to Enforce Lien
§ 2304.079 Public Sale or Auction of Acquired Property
§ 2304.080 Private Sale
§ 2304.081 Contract for Servicing Loan
§ 2304.082 Audit of Loans

Terms Used In Texas Government Code Chapter 2304 > Subchapter D - Housing Rehabilitation Loans

  • Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
  • Contract: A legal written agreement that becomes binding when signed.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Donee: The recipient of a gift.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • in writing: includes any representation of words, letters, or figures, whether by writing, printing, or other means. See Texas Government Code 312.011
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • 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.
  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • Property: means real and personal property. See Texas Government Code 311.005
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • United States: includes a department, bureau, or other agency of the United States of America. See Texas Government Code 311.005
  • Week: means seven consecutive days. See Texas Government Code 311.005
  • Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005