Texas Property Code 114.087 – Instrument Naming Trust as Party
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(a) The trustee of a trust is considered for all purposes to be the named party to an instrument that names the trust as a party to the instrument in any capacity, unless the trust is a legal entity under state law.
(b) Subsection (a) is effective as of the effective date of the original instrument.
Terms Used In Texas Property Code 114.087
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- Trustee: A person or institution holding and administering property in trust.
(c) The trustee of a trust that is the named party to a recorded instrument may be, but is not required to be, identified by a correction instrument under § 5.028.
(d) A document purporting to be a certification of trust under § 114.086 that is recorded in the county in which real property of the trust is located is presumed to correctly identify the trust and the trustee and may be relied upon by a good faith purchaser or lender for value.