™Your Policy Risk Impact Agent
97 chapters · 1,782 sections in this title.
Tex. Property Code § 28.001 Definitions
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Sec. 28.001. DEFINITIONS. In this chapter: (1) "Contractor" means a person who contracts with an owner to improve real property or perform construction services for an owner. (2) "Improve" means to: (A) build, construct, effect, erect, alter, repair, or demolish any improvement o…
Tex. Property Code § 28.002 Prompt Pay Required
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Sec. 28.002. PROMPT PAY REQUIRED. (a) If an owner or a person authorized to act on behalf of the owner receives a written payment request from a contractor for an amount that is allowed to the contractor under the contract for properly performed work or suitably stored or special…
Tex. Property Code § 28.003 Exception For Good Faith Dispute; Withholding
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Sec. 28.003. EXCEPTION FOR GOOD FAITH DISPUTE; WITHHOLDING. (a) If a good faith dispute exists concerning the amount owed for a payment requested or required by this chapter under a contract for construction of or improvements to a detached single-family residence, duplex, triple…
Tex. Property Code § 28.004 Interest On Overdue Payment
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Sec. 28.004. INTEREST ON OVERDUE PAYMENT. (a) An unpaid amount required under this chapter begins to accrue interest on the day after the date on which the payment becomes due. (b) An unpaid amount bears interest at the rate of 1-1/2 percent each month. (c) Interest on an unpaid …