Texas Business and Commerce Code 56.055 – Use of Clause to Invalidate Enforceability or Perfection of Mechanic’s Lien Prohibited
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Terms Used In Texas Business and Commerce Code 56.055
- Lien: A claim against real or personal property in satisfaction of a debt.
- Property: means real and personal property. See Texas Government Code 311.005
A contingent payment clause may not be used as a basis for invalidation of the enforceability or perfection of a mechanic’s lien under Chapter 53, Property Code.