§ 161.2111 Report to Bond Review Board
§ 161.212 Appraisal
§ 161.213 Sworn Report
§ 161.214 Title
§ 161.215 Purchase of Land
§ 161.216 Cost of Land Sold by Board
§ 161.217 Appointment of Local Committee
§ 161.218 Work of Local Committee
§ 161.219 Board Investigation
§ 161.220 Exemption
§ 161.221 Initiation of Sale
§ 161.222 Purchase Payments
§ 161.223 Board to Specify Terms
§ 161.224 Time Limit On Transfer
§ 161.225 Sale to a Nonveteran
§ 161.226 Disposition of Land That Is Paid for
§ 161.227 Lease of Land
§ 161.228 Conditions of Leases
§ 161.229 Deeds
§ 161.230 Death of Purchaser
§ 161.231 Subdividing Land
§ 161.232 Conditions for Sale of Land
§ 161.233 Down Payment
§ 161.234 Sale to Other Purchasers
§ 161.235 Rights of Surviving Spouse
§ 161.236 Number of Tracts Purchased
§ 161.237 Exemption From Certain Real Estate Transaction Laws

Terms Used In Texas Natural Resources Code Chapter 161 > Subchapter F - Purchase, Sale, and Other Disposition of Land

  • Appraisal: A determination of property value.
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Credit report: A detailed report of an individual's credit history prepared by a credit bureau and used by a lender in determining a loan applicant's creditworthiness. Source: OCC
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Effects: includes all personal property and all interest in that property. See Texas Government Code 312.011
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • 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
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • 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
  • Population: means the population shown by the most recent federal decennial census. See Texas Government Code 311.005
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Rule: includes regulation. See Texas Government Code 311.005
  • 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.
  • Statute: A law passed by a legislature.
  • sworn: includes affirm or affirmed. See Texas Government Code 312.011
  • Trustee: A person or institution holding and administering property in trust.
  • United States: includes a department, bureau, or other agency of the United States of America. See Texas Government Code 311.005
  • Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005
  • Year: means 12 consecutive months. See Texas Government Code 311.005