§ 181.051 Authority of Donee to Release Power
§ 181.052 Requisites of Release
§ 181.053 Release by Guardian
§ 181.054 Effect of Release On Multiple Donees
§ 181.055 Notice of Release
§ 181.056 Recording
§ 181.057 Effect of Failure to Deliver or File
§ 181.058 Restraints On Alienation or Anticipation
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Terms Used In Texas Property Code Chapter 181 > Subchapter B - Release of Powers of Appointment

  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Donee: The recipient of a gift.
  • Fiduciary: A trustee, executor, or administrator.
  • Grantor: The person who establishes a trust and places property into it.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Mortgagee: The person to whom property is mortgaged and who has loaned the money.
  • 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
  • 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.