Tex. Prop. Code § 53.287

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 53.287 - Certain Agreements Exempt

This subchapter does not apply to a written agreement to subordinate, release, waive, or satisfy all or part of a lien or bond claim in:

(1) an accord and satisfaction of an identified dispute;

(2) an agreement concerning an action pending in any court or arbitration proceeding; or

(3) an agreement that is executed after an affidavit claiming the lien has been filed or the bond claim has been made.

Tex. Prop. Code § 53.287

Added by Acts 2011, 82nd Leg., R.S., Ch. 271, Sec. 3, eff. 1/1/2012.