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In 2015, Texas law was changed to automatically place the legal title to the property with the buyer by filing the contract with the deed records office of the county where the property is located. While the seller loses title, the seller retains a vendor's lien in the property for the outstanding balance of the contract. [3]
The sale of land is governed by the laws and practices of the jurisdiction in which the land is located. Real estate called leasehold estate is actually a rental of real property such as an apartment, and leases (rental contracts) cover such rentals since they typically do not result in recordable deeds .
The Neutral Ground. The Neutral Ground (also known as the Neutral Strip, the Neutral Territory, and the No Man's Land of Louisiana; sometimes anachronistically referred to as the Sabine Free State) was a disputed area between Spanish Texas and the United States' newly acquired Louisiana Purchase.
A purchase and sale agreement (PSA), also called a sales and purchase agreement (SPA) [1] or an agreement for purchase and sale (APS), [2] is an agreement between a buyer and a seller of real estate property, company stock, or other assets.
Texas Land Commissioner Dawn Buckingham is offering the incoming Trump administration 1,402 acres the state purchased along the Texas-Mexico border to be used in a mass deportation operation. In a ...
The General Land Office's main role is to manage Texas's publicly owned lands, by negotiating and enforcing leases for the use of the land, and sometimes by making sales of public lands. Royalties and proceeds from land sales are added to the state's Permanent School Fund , which helps to fund public education within the state. [ 2 ]
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