§ 253.001 Sale of Park Land, Municipal Building Site, or Abandoned Roadway
§ 253.002 Transactions Concerning an Island, Flat, or Submerged Land
§ 253.003 Purchase and Sale of Federal Property
§ 253.004 Grant or Lease of Property for Juvenile Board
§ 253.005 Lease of Oil, Gas, or Mineral Land
§ 253.006 Lease of Municipal Hospital or Swimming Pool
§ 253.007 Sale or Lease of Computer Software by Certain Municipalities
§ 253.008 Sale of Real Property by Public Auction
§ 253.009 Conveyance of Adjoining Property to Municipal Development Corporation
§ 253.010 Sale of Real Property to Certain Nonprofit or Religious Organizations
§ 253.011 Conveyance to Nonprofit Corporation for Public Use
§ 253.012 Conveyance to Economic Development Corporation by Certain Municipalities
§ 253.0125 Conveyance to Certain Entities for Economic Development Purposes
§ 253.013 Donation of Real Property of Negligible or Negative Value to Certain Private Persons
§ 253.014 Broker Agreements and Fees for Sale of Real Property by Home-Rule Municipality
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Terms Used In Texas Local Government Code Chapter 253 - Sale or Lease of Property by Municipalities

  • Appraisal: A determination of property value.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Home-rule municipality: means a municipality designated by Chapter 5 as a home-rule municipality. See Texas Local Government Code 1.005
  • 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
  • Municipality: means a general-law municipality, home-rule municipality, or special-law municipality. See Texas Local Government Code 1.005
  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
  • Population: means the population shown by the most recent federal decennial census. See Texas Government Code 311.005
  • Property: means real and personal property. See Texas Government Code 311.005
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Signature: includes the mark of a person unable to write, and "subscribe" includes the making of such a mark. See Texas Government Code 312.011
  • Statute: A law passed by a legislature.
  • Week: means seven consecutive days. See Texas Government Code 311.005
  • Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005