Texas Administrative Code (Last Updated: March 27,2024) |
TITLE 7. BANKING AND SECURITIES |
PART 8. JOINT FINANCIAL REGULATORY AGENCIES |
CHAPTER 152. REPAIR, RENOVATION, AND NEW CONSTRUCTION ON HOMESTEAD PROPERTY |
SECTION 152.7. Consent of Spouses in the Case of Family Homestead: Section 50(a)(5)(A)
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(a) In the case of a family homestead, both spouses must consent in writing to the contract for repair or renovation of existing improvements, regardless of whether the spouse has a community property interest or other ownership interest in the homestead. (b) In addition to the consent of both spouses of a family homestead, the lender or contractor, at its option, may also require all other owners and their spouses to consent to the contract. Source Note: The provisions of this §152.7 adopted to be effective July 7, 2005, 30 TexReg 3863