Tex. Local Gov't Code Section 373B.005
Ownership of Land and Housing Units

A community land trust may retain title to land it acquires and may:

(1)

sell housing units located on the land and lease the land under ground leases with terms of at least 99 years; or

(2)

lease housing units located on the land.
Added by Acts 2011, 82nd Leg., R.S., Ch. 383 (S.B. 402), Sec. 1, eff. January 1, 2012.

Source: Section 373B.005 — Ownership of Land and Housing Units, https://statutes.­capitol.­texas.­gov/Docs/LG/htm/LG.­373B.­htm#373B.­005 (accessed May 4, 2024).

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Accessed:
May 4, 2024

§ 373B.005’s source at texas​.gov