{"data":{"id":"us-tx/tex.-property-code-5.204","jurisdiction":"us-tx","citation":"Tex. Property Code § 5.204","heading":"ADDITIONAL COMPLIANCE REQUIREMENT: TIMELY ACCEPTANCE OF FEES PAID UNDER EXISTING PRIVATE TRANSFER FEE OBLIGATIONS.","body":"(a) The payee of record on the date a private transfer fee is paid under a private transfer fee obligation subject to Section 5.203 must accept the payment on or before the 30th day after the date the payment is tendered to the payee.\n(b) If the payee of record fails to comply with Subsection (a):\n(1) the payment must be returned to the remitter;\n(2) payment of the private transfer fee may not be a requirement for the conveyance of an interest in the property to a purchaser; and\n(3) the property is not subject to further obligation under the private transfer fee obligation.\nAdded by Acts 2011, 82nd Leg., R.S., Ch. 211 (H.B. 8), Sec. 1, eff. June 17, 2011.","path":["PROPERTY CODE","TITLE 2. CONVEYANCES","CHAPTER 5. CONVEYANCES","SUBCHAPTER G. CERTAIN PRIVATE TRANSFER FEES PROHIBITED; PRESERVATION OF PRIVATE REAL PROPERTY RIGHTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/PR/htm/PR.5.htm#5.204","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:37Z","sha256":"eb6a67b175dc1131f744614a4ac008fd9fe6f4c8a6473e075b6b5eb087914af6","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-property-code-5.203","next":"us-tx/tex.-property-code-5.205"},"notice":"GroundRules: Original legal text. Not legal advice."}