Definitions

Tex. Insurance Code § 557.001, under Insured Property Subject To Security Interest.

Tex. Insurance Code § 557.001

Sec. 557.001. DEFINITIONS. In this subchapter: (1) "Lender" means a person holding a mortgage, lien, deed of trust, or other security interest in property. (2) "Residential real property" means: (A) a single-family house; (B) a duplex, triplex, or quadraplex; or (C) a unit in a multi-unit residential structure in which title to an individual unit is transferred to the owner of the unit under a condominium or cooperative system. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.