{"data":{"id":"us-tx/tex.-occupations-code-1201.460","jurisdiction":"us-tx","citation":"Tex. Occupations Code § 1201.460","heading":"COMPLIANCE NOT REQUIRED FOR LIENHOLDER.","body":"(a) A holder of a lien recorded on the statement of ownership of a manufactured home that has not been converted to real property who sells or exchanges a repossessed manufactured home covered by that statement of ownership is not required to comply with this chapter if the sale or exchange is:\n(1) to or through a licensed retailer; or\n(2) to a purchaser for the purchaser's business use or another nonresidential use.\n(b) If the sale or exchange of the repossessed manufactured home is to or through a licensed retailer, the retailer is responsible and liable for compliance with this chapter and department rules. The lienholder may not be joined as a party in any litigation relating to the sale or exchange of the home.\n(c) If the sale or exchange of the repossessed manufactured home is to a purchaser for the purchaser's business use or another nonresidential use, the lienholder shall apply to the department for the issuance of a new statement of ownership indicating that the home is reserved for a business use or another nonresidential use.\nAdded by Acts 2001, 77th Leg., ch. 1421, Sec. 2, eff. June 1, 2003. Amended by Acts 2003, 78th Leg., ch. 338, Sec. 34, eff. June 18, 2003.\nAmended by:\nActs 2017, 85th Leg., R.S., Ch. 408 (H.B. 2019), Sec. 65, eff. September 1, 2017.","path":["OCCUPATIONS CODE","TITLE 7. PRACTICES AND PROFESSIONS RELATED TO REAL PROPERTY AND HOUSING","SUBTITLE C. REGULATION OF CERTAIN TYPES OF HOUSING AND BUILDINGS","CHAPTER 1201. MANUFACTURED HOUSING","SUBCHAPTER J. USED OR SALVAGED MANUFACTURED HOMES"],"source_url":"https://statutes.capitol.texas.gov/Docs/OC/htm/OC.1201.htm#1201.460","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:31Z","sha256":"55db8e4ab197eb32e833a954e174d33ebae0e5dc1690262dbd26c9ccc9eea147","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-occupations-code-1201.459","next":"us-tx/tex.-occupations-code-1201.461"},"notice":"GroundRules: Original legal text. Not legal advice."}
