Texas Property Code § 56.045 Equitable Or Contingent Interest

Sec. 56.045. EQUITABLE OR CONTINGENT INTEREST. Failure of an equitable interest to become legal title or nonfulfillment of a condition subsequent on which a legal interest is contingent does not impair a lien on material, machinery, supplies, or an improvement located on the land covered by the equitable interest if the lien attached to the material, machinery, supplies, or improvement before the failure.

Acts 1983, 68th Leg., p. 3570, ch. 576, Sec. 1, eff. Jan. 1, 1984.

Section: Previous  56.001  56.002  56.003  56.004  56.005  56.006  56.021  56.022  56.023  56.024  56.041  56.042  56.043  56.044

Last modified: September 28, 2016