Texas Business And Commerce Code Title 2, Chapter 21 - Regulation Of Certain Residential Foreclosure Consulting Services

SUBCHAPTER A GENERAL PROVISIONS

• Texas Section 21.001 - Definitions
  (a) In this chapter: (1) "Foreclosure consultant" means a person who makes a solicitation, representation, or offer to a homeowner to perform for compensation, or...
• Texas Section 21.002 - Exception From Applicability Of Chapter
  (a) Except as provided by Subsection (b), this chapter does not apply to the following persons that perform foreclosure consulting services: (1) an attorney admitted...

SUBCHAPTER B CONTRACT FOR SERVICES

• Texas Section 21.003 - Conflict With Other Law
  To the extent of a conflict between this chapter and Chapter 393, Finance Code, this chapter controls. Added by Acts 2011, 82nd Leg., R.S., Ch....
• Texas Section 21.051 - Form And Terms Of Contract
  Each contract for the purchase of the services of a foreclosure consultant by a homeowner of a residence in foreclosure must be in writing, dated,...

SUBCHAPTER C LIMITATIONS, PROHIBITIONS, AND DUTIES REGARDING SERVICES

• Texas Section 21.052 - Required Disclosure
  Before entering into a contract with a homeowner of a residence in foreclosure for the purchase of the services of a foreclosure consultant, the foreclosure...
• Texas Section 21.101 - Restrictions On Charge Or Receipt Of Consideration
  A foreclosure consultant may not: (1) charge or receive compensation until the foreclosure consultant has fully performed each service the foreclosure consultant has contracted to...
• Texas Section 21.102 - Prohibited Conduct
  A foreclosure consultant may not: (1) take any power of attorney from a homeowner for any purpose other than to inspect documents; (2) for purposes...

SUBCHAPTER D ENFORCEMENT

• Texas Section 21.103 - Retention Of Records
  (a) A foreclosure consultant shall keep each record and document, including the foreclosure consultant contract, related to foreclosure consulting services performed on behalf of a...
• Texas Section 21.151 - Criminal Penalty
  (a) A person commits an offense if the person violates this chapter. (b) An offense under this chapter is a Class C misdemeanor. Added by...

Last modified: September 28, 2016