Sec. 63.003. CONVERSION OF LIEN FROM PERSONAL PROPERTY LIEN TO REAL PROPERTY LIEN. When the manufactured home converts to real property as provided by Section 2.001(b), the lien on the property:
(1) is converted to a purchase money lien on real property by operation of law; and
(2) exists independently of any existing lien on the real property to which the home is permanently attached.
Added by Acts 1999, 76th Leg., ch. 742, Sec. 1, eff. Sept. 1, 1999. Renumbered from Sec. 62.003 by Acts 2001, 77th Leg., ch. 1420, Sec. 21.001(96), eff. Sept. 1, 2001.
Section: Previous 63.001 63.002 63.003 63.004 NextLast modified: September 28, 2016