Section 89.804 - Permissible Changes(a) Requests for payoff statements. A person who submits a request under Texas Tax Code, § RSA 32.06(a-6) and § RSA 89.801 of this title (relating to Requests for Payoff Statements), must use a form substantially similar to the model form prescribed by Figure: 7 TAC § RSA 89.803(a) of this title. The person submitting the request may consider making one or more of the following types of changes: (1) deleting fields labeled "Optional";(2) deleting the word "Optional" and surrounding parentheses;(3) replacing "Mortgage servicer" with an applicable description of the person submitting the request on the lienholder's behalf (e.g., "Law firm");(4) replacing "Property tax lender" with "Tax lien transferee" or "Transferee";(5) replacing "Borrower" with "Property owner";(6) replacing "Address of property" with "Legal description of property";(7) replacing "property tax loan" with "tax lien transfer";(8) replacing "other side" with "next page"; or(9) adding reasonable instructions regarding delivery of the payoff statement.(b) Payoff statements. A property tax lender who sends a payoff statement under Texas Tax Code, § RSA 32.06(a-6) and § RSA 89.802 of this title (relating to Payoff Statements), must use must use a form substantially similar to the model prescribed by Figure: 7 TAC § RSA 89.803(b) of this title. The property tax lender may consider making one or more of the following types of changes: (1) deleting fields labeled "Optional";(2) deleting the word "Optional" and surrounding parentheses;(3) replacing "Property tax lender" with "Tax lien transferee" or "Transferee";(4) replacing "Borrower" with "Property owner";(5) replacing "Address of property" with "Legal description of property";(6) replacing "property tax loan" with "tax lien transfer";(7) deleting the fields labeled "Additional fee description," if the total payoff amount does not include any fees other than the unpaid principal balance and accrued interest;(8) replacing "Additional fee description" with a description of an additional fee (e.g., "Return check fee"), and deleting the surrounding parentheses;(9) adding fields to describe additional fees; or(10) replacing "other side" with "next page."7 Tex. Admin. Code § 89.804
The provisions of this §89.804 adopted to be effective November 7, 2013, 38 TexReg 7693