Texas Real Property Flashcards

1
Q

Return Security Deposit

A

Residential: 30 days

Commercial: 60 Days

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2
Q

Requirements for Mechanics Lien

A

Property notice of clam to owner and original contractor

Unless claim is paid or settled, file a lien affidavit no latter than 15 day of 3rd month after indebtedness. Must be signed.

Copy sent by registered/certified mail to owner and original contractor within 5 days of affidavit being filed.

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3
Q

Landlord Duties

A
Security Devices (repair and replace)
Smoke Detectors (inspect and repair)
Statutory Duty --> could affect health and safety unless caused by tenant.
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4
Q

Adverse Possession Statutes

A

3, 5, 10, 15, 25

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5
Q

Deed Requirements

A

Effective whether or not it is recorded. However, failure to record may result in loss of interest because subsequent purchaser will not have notice

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