Gov't Code Section 2306.851
(a)This subchapter applies only to a property owner of a multifamily housing development that is insured or assisted under a program under Section 8, United States Housing Act of 1937 (42 U.S.C. Section 1437f), or that is:
(1)insured or assisted under a program under:
(A)Section 221(d)(3), National Housing Act (12 U.S.C. Section 1715l);
(B)Section 236, National Housing Act (12 U.S.C. Section 1715z-1); or
(C)Section 514, 515, or 516, Housing Act of 1949 (42 U.S.C. Section 1484, 1485, or 1486); and
(2)financed by a mortgage that is eligible for prepayment at the option of the property owner.
(b)This subchapter does not apply to the disposal of property because of:
(1)a governmental taking by eminent domain or negotiated purchase;
(2)a foreclosure action;
(3)a transfer by gift, devise, or operation of law; or
(4)a sale to a person who would be entitled to an interest in the property if the property owner died intestate.
(c)This subchapter does not apply to property included in a restructuring program with a participating administrative entity designated by the United States Department of Housing and Urban Development.
Section 2306.851 — Application,
https://statutes.capitol.texas.gov/Docs/GV/htm/GV.2306.htm#2306.851 (accessed Dec. 2, 2023).