Texas Property Code 113.009 – Real Property Management
Current as of: 2024 | Check for updates
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Terms Used In Texas Property Code 113.009
- 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.
- Trustee: A person or institution holding and administering property in trust.
A trustee may:
(1) exchange, subdivide, develop, improve, or partition real property;
(2) make or vacate public plats;
(3) adjust boundaries;
(4) adjust differences in valuation by giving or receiving value;
(5) dedicate real property to public use or, if the trustee considers it in the best interest of the trust, dedicate easements to public use without consideration;
(6) raze existing walls or buildings;
(7) erect new party walls or buildings alone or jointly with an owner of adjacent property;
(8) make repairs; and
(9) make extraordinary alterations or additions in structures as necessary to make property more productive.