§ 53.101 Funds Required to Be Reserved
§ 53.102 Payment Secured by Reserved Funds
§ 53.103 Lien On Reserved Funds
§ 53.104 Preferences
§ 53.105 Owner’s Liability for Failure to Reserve Funds
§ 53.106 Affidavit of Completion
§ 53.107 Notice Relating to Termination of Work or Abandonment of Performance by Original Contractor or Owner
contract signature

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Terms Used In Texas Property Code Chapter 53 > Subchapter E - Funds Reserved for Benefit of Lien Claimants

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Affidavit: means a statement in writing of a fact or facts signed by the party making it, sworn to before an officer authorized to administer oaths, and officially certified to by the officer under his seal of office. See Texas Government Code 312.011
  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • 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.
  • Trustee: A person or institution holding and administering property in trust.
  • Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005