§ 32.101 Applicable Law
§ 32.104 Appraisal Fee
§ 32.105 Date for Opening Bids
§ 32.106 Description of Land
§ 32.107 Notice of Sale, Lease, and Contract for Development
§ 32.1071 Lease Sales
§ 32.1072 Minimum Royalty, Bonus, and Rental
§ 32.1073 Fixing Royalty, Bonus, and Rental
§ 32.109 Acceptance and Rejection of Bids
§ 32.110 Special Sale Fee
§ 32.111 Issuance of Award or Lease
§ 32.112 Sale of Tax Foreclosure Property
§ 32.113 Exemption From Certain Real Estate Transaction Laws
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Terms Used In Texas Natural Resources Code Chapter 32 > Subchapter D - Sale and Lease of Land

  • Appraisal: A determination of property value.
  • Contract: A legal written agreement that becomes binding when signed.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • 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
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Month: means a calendar month. See Texas Government Code 312.011
  • 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
  • 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.
  • Statute: A law passed by a legislature.
  • Year: means 12 consecutive months. See Texas Government Code 311.005