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Texas Stat.
2025 Texas Statutes
Property Code
Title 12 - Miscellaneous Shared Real Property Interests
Chapter 223 - Business Entity-Owned Residential Arrangements
Section 223.005. Transfer of Interest
Universal Citation:
TX Prop § 223.005 (2025)
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Sec. 223.005. TRANSFER OF INTEREST. Notwithstanding any provision in an agreement between the owner and a managing entity, an owner of an interest in a managing entity may transfer the interest without approval from the managing entity.
Added by Acts 2025, 89th Leg., R.S., Ch. 1096 (H.B. 4211), Sec. 1, eff. June 20, 2025.
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