Tex. Prop. Code § 82.105

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

Section 82.105 - Termination of Contracts and Leases of Declarant

An association in a residential or recreational condominium may terminate, without penalty, contracts or leases between the association and a declarant or an affiliate of a declarant if:

(1) the contract is entered into by the association while controlled by the declarant;

(2) the association terminates the contract or lease before the first anniversary of the date a board elected by the unit owners takes office; and

(3) the association gives at least 90 days' notice of its intent to terminate the contract or lease to the other party.

Tex. Prop. Code § 82.105

Added by Acts 1993, 73rd Leg., ch. 244, Sec. 1, eff. 1/1/1994.