Texas Insurance Code Title 11, Chapter 2702 - Closing And Settlement

SUBCHAPTER A INSURED CLOSING AND SETTLEMENT LETTERS

• Texas Section 2702.001 - Insured Closing And Settlement Letter: Loans
  (a) On request, a title insurance company may issue insured closing and settlement letters in connection with the closing and settlement by a title insurance...
• Texas Section 2702.002 - Insured Closing And Settlement Letter: Certain Buyers Or Sellers
  (a) On written request, a title insurance company may issue to the buyer or seller of real property located in this state, the sales price...

SUBCHAPTER B UNIFORM CLOSING AND SETTLEMENT STATEMENTS

• Texas Section 2702.003 - Effect Of Failure To Issue Insured Closing And Settlement Letter
  The failure of a title insurance company to issue an insured closing and settlement letter does not affect the company's liability under an issued title...
• Texas Section 2702.051 - Applicability
  This subchapter does not apply to the closing or settlement of: (1) a residential real property transaction regulated by the Real Estate Settlement Procedures Act...
• Texas Section 2702.052 - Duty To Prescribe Uniform Closing And Settlement Statement Forms
  (a) The department, after notice and hearing, shall prescribe uniform closing and settlement statement forms to be used in connection with the closing and settlement...
• Texas Section 2702.053 - Content Of Closing And Settlement Statement
  (a) Each closing and settlement statement provided to a party to a transaction described by Section 2702.052(a) must state the name of any person receiving...

SUBCHAPTER C ADVANCE DISCLOSURE OF CLOSING AND SETTLEMENT COSTS IN TRANSACTIONS INVOLVING RESIDENTIAL REAL PROPERTY

• Texas Section 2702.054 - Use Of Alternate Settlement Statement Form Permitted
  A title insurance company or title insurance agent may use the uniform settlement statement form prepared under the Real Estate Settlement Procedures Act of 1974...
• Texas Section 2702.101 - Applicability
  This subchapter does not apply to the closing or settlement of a real property transaction if the closing or settlement is not actually handled by:...
• Texas Section 2702.102 - Duty To Provide Advance Disclosure Of Closing And Settlement Costs
  (a) Except as provided by Subsection (c), on the written request of the buyer, seller, or borrower before the closing and settlement of a transaction...
• Texas Section 2702.103 - Title Insurance Company Or Title Insurance Agent Not Subject To Requirements Applicable To Lenders
  (a) Notwithstanding Section 2702.102, a title insurance company or title insurance agent is not required to disclose a cost or charge that a lender is...

Last modified: September 28, 2016