{"data":{"id":"us-tx/tex.-property-code-5.061","jurisdiction":"us-tx","citation":"Tex. Property Code § 5.061","heading":"DEFINITION.","body":"In this subchapter, \"default\" means the failure to:\n(1) make a timely payment; or\n(2) comply with a term of an executory contract.\nAdded by Acts 1995, 74th Leg., ch. 994, Sec. 2, eff. Sept. 1, 1995. Renumbered from Property Code Sec. 5.065 and amended by Act 2001, 77th Leg., ch. 693, Sec. 1, Sept. 1, 2001.","path":["PROPERTY CODE","TITLE 2. CONVEYANCES","CHAPTER 5. CONVEYANCES","SUBCHAPTER D. EXECUTORY CONTRACT FOR CONVEYANCE"],"source_url":"https://statutes.capitol.texas.gov/Docs/PR/htm/PR.5.htm#5.061","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:37Z","sha256":"37ee17a5d4365d12c8bf02af8566cd4e37ee0efec55d768a4dc560d5ed794e3f","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-property-code-5.043","next":"us-tx/tex.-property-code-5.062"},"notice":"GroundRules: Original legal text. Not legal advice."}