Tex. Gov't Code § 2175.188

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 2175.188 - Purchaser's Fee

(a) For property that is sold under Section 2175.186 or 2175.187, the commission shall collect a fee from the purchaser.

(b) The commission shall set the fee at an amount that is:

(1) sufficient to recover costs associated with the sale; and

(2) at least two percent but not more than 12 percent of sale proceeds.

Tex. Gov't. Code § 2175.188

Added by Acts 2001, 77th Leg., ch. 1422, Sec. 11.03, eff. 1/1/2002.