§ 373A.101 Creation
§ 373A.102 Nature of Nonpublic Trust
§ 373A.103 Purpose of Trust
§ 373A.104 Board of Directors
§ 373A.105 Title to Land
§ 373A.106 Sale or Lease of Housing Units
§ 373A.107 Transfer From Governmental Entities; Forgiving Outstanding Taxes
§ 373A.109 Relation to Other Law
§ 373A.110 Applicability of Subchapter to Trust Operated by Housing Finance Corporation
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Terms Used In Texas Local Government Code Chapter 373A > Subchapter C - Homestead Land Trust

  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • 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.
  • 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
  • Property: means real and personal property. See Texas Government Code 311.005