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Texas Statutes, Title BC

Texas/Statutes

← All Texas coverage

Title BC, Business and Commerce Code

131 chapters · 1,843 sections in this title.

All chapters in Title BC1,843 Ch 9, Chapter 9146 Ch 2, Chapter 2103 Ch 17, Chapter 1782 Ch 2A, Chapter 2A78 Ch 3, Chapter 370 Ch 8, Chapter 851 Ch 4, Chapter 442 Ch 57, Chapter 5742 Ch 7, Chapter 741 Ch 4A, Chapter 4A38 Ch 51, Chapter 5137 Ch 302, Chapter 30236 Ch 20, Chapter 2035 Ch 681, Chapter 68135

9 sections·Filtered byTitle BC✕Ch 21✕

Tex. Business and Commerce Code § 21.001 Definitions
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Sec. 21.001. DEFINITIONS. (a) In this chapter: (1) "Foreclosure consultant" means a person who makes a solicitation, representation, or offer to a homeowner to perform for compensation, or who for compensation performs, a service that the person represents will do any of the foll…
Tex. Business and Commerce Code § 21.002 Exception From Applicability of Chapter
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Sec. 21.002. EXCEPTION FROM APPLICABILITY OF CHAPTER. (a) Except as provided by Subsection (b), this chapter does not apply to the following persons that perform foreclosure consulting services: (1) an attorney admitted to practice in this state who performs those services in rel…
Tex. Business and Commerce Code § 21.003 Conflict With Other Law
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Sec. 21.003. CONFLICT WITH OTHER LAW. To the extent of a conflict between this chapter and Chapter 393, Finance Code, this chapter controls. Added by Acts 2011, 82nd Leg., R.S., Ch. 902 (S.B. 767), Sec. 1, eff. September 1, 2011. SUBCHAPTER B. CONTRACT FOR SERVICES
Tex. Business and Commerce Code § 21.051 Form and Terms of Contract
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Sec. 21.051. FORM AND TERMS OF CONTRACT. Each contract for the purchase of the services of a foreclosure consultant by a homeowner of a residence in foreclosure must be in writing, dated, and signed by each homeowner and the foreclosure consultant. Added by Acts 2011, 82nd Leg., …

Tex. Business and Commerce Code § 21.052 Required Disclosure

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Sec. 21.052. REQUIRED DISCLOSURE. Before entering into a contract with a homeowner of a residence in foreclosure for the purchase of the services of a foreclosure consultant, the foreclosure consultant shall provide the homeowner written notice stating the following, in at least …

Tex. Business and Commerce Code § 21.101 Restrictions On Charge Or Receipt of Consideration

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Sec. 21.101. RESTRICTIONS ON CHARGE OR RECEIPT OF CONSIDERATION. A foreclosure consultant may not: (1) charge or receive compensation until the foreclosure consultant has fully performed each service the foreclosure consultant has contracted to perform or has represented the fore…

Tex. Business and Commerce Code § 21.102 Prohibited Conduct

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Sec. 21.102. PROHIBITED CONDUCT. A foreclosure consultant may not: (1) take any power of attorney from a homeowner for any purpose other than to inspect documents; (2) for purposes of securing payment of compensation, acquire an interest, directly or indirectly, in the real or pe…

Tex. Business and Commerce Code § 21.103 Retention of Records

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Sec. 21.103. RETENTION OF RECORDS. (a) A foreclosure consultant shall keep each record and document, including the foreclosure consultant contract, related to foreclosure consulting services performed on behalf of a homeowner. (b) A foreclosure consultant shall retain the records…

Tex. Business and Commerce Code § 21.151 Criminal Penalty

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Sec. 21.151. CRIMINAL PENALTY. (a) A person commits an offense if the person violates this chapter. (b) An offense under this chapter is a Class C misdemeanor. Added by Acts 2011, 82nd Leg., R.S., Ch. 902 (S.B. 767), Sec. 1, eff. September 1, 2011.