{"data":{"id":"us-tx/tex.-property-code-81.210","jurisdiction":"us-tx","citation":"Tex. Property Code § 81.210","heading":"LOANS AS ELIGIBLE INVESTMENTS.","body":"(a) If a fiduciary or a bank, savings and loan association, trust company, life insurance company, or other lending institution is authorized to make real estate loans, a loan on an apartment in a condominium regime and the undivided interest in the common elements of the regime that is appurtenant to the apartment is an eligible investment for the fiduciary or lending institution.\n(b) A lender may not consider the existence of a prior lien for taxes, assessments, or other similar charges that are not delinquent in determining whether a mortgage or deed of trust is a first lien on the security for a loan under this section.\n(c) For the purposes of this section, an apartment in a condominium regime and the undivided interest in the common elements appurtenant to the apartment are a single unit independent of the other units in the regime.\n(d) This section does not affect any otherwise applicable provision of law that limits mortgage investments based on a special fraction or percentage of the value of the mortgaged property.\nActs 1983, 68th Leg., p. 3625, ch. 576, Sec. 1, eff. Jan. 1, 1984.","path":["PROPERTY CODE","TITLE 7. CONDOMINIUMS","CHAPTER 81. CONDOMINIUMS CREATED BEFORE ADOPTION OF UNIFORM CONDOMINIUM ACT","SUBCHAPTER C. CONDOMINIUM MANAGEMENT"],"source_url":"https://statutes.capitol.texas.gov/Docs/PR/htm/PR.81.htm#81.210","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:37Z","sha256":"ecbe617d1b1b3d2c984134943bd75a73049928383730dff911fe11f7716d4611","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-property-code-81.209","next":"us-tx/tex.-property-code-82.001"},"notice":"GroundRules: Original legal text. Not legal advice."}