§ 103.001 Definitions
§ 103.002 Criminal Penalty
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Terms Used In Texas Business and Commerce Code Chapter 103 - Appraisals Improperly Induced by Mortgage Lenders

  • Appraisal: A determination of property value.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.