Texas Insurance Code Chapter 427 > Subchapter A – General Provisions

Current as of: 2024 | Check for updates | Other versions


§ 427.001	Applicability of Chapter
§ 427.002	Rules

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Terms Used In Texas Insurance Code Chapter 427 > Subchapter A - General Provisions

Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). ^{Source: OCC}
Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
Property: means real and personal property. See Texas Government Code 311.005