Sec. 161.213. SWORN REPORT. (a) Before the board purchases land under Section 161.211 of this code or Subchapter G of this chapter, it shall require the seller to execute a sworn report to the board that shall include the following:
(1) the date the seller purchased the land;
(2) the amount the seller paid for the land if purchased subsequent to June 7, 1949;
(3) from whom the seller purchased the land; and
(4) the improvements made on the land since the seller purchased it and the cost of the improvements.
(b) If the land is purchased under Subchapter G of this chapter, the sworn report shall include the following additional information:
(1) if the seller by any manner or method is making the down payment to the board on behalf of the veteran;
(2) if there is a lease arrangement between the seller and the veteran, and if so, the duration, term, and amount to be paid; and
(3) if there is an agreement or contract of any nature between the seller and the veteran to transfer, sell, or convey at any time in the future.
Acts 1977, 65th Leg., p. 2665, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.
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