Texas Property Code 51.009 – Foreclosed Property Sold “As Is”
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Terms Used In Texas Property Code 51.009
- 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.
A purchaser at a sale of real property under § 51.002:
(1) acquires the foreclosed property “as is” without any expressed or implied warranties, except as to warranties of title, and at the purchaser’s own risk; and
(2) is not a consumer.