Tex.
Prop. Code Section 5.0144
Reliance on Filed Service Plan
(a)
For the purposes of the notice required by Section 5.014 (Notice of Obligations Related to Public Improvement District), all sellers, title companies, real estate brokers, and examining attorneys, and any agent, representative, or person acting on their behalf, are entitled to rely on the accuracy of the service plan as last filed by each municipality or county under Section 372.013 (Service Plan), Local Government Code, in completing the notice form to be executed by the seller and purchaser at the closing of purchase and sale.(b)
Any information taken from the service plan as last filed by the municipality or county and the information contained in or shown on the notice form contained in the service plan under Section 372.013 (Service Plan), Local Government Code, not including information provided as to the assessments or annual installment amounts as authorized by Section 5.014 (Notice of Obligations Related to Public Improvement District)(b), shall be, for purposes of the notice required by Section 5.014 (Notice of Obligations Related to Public Improvement District), conclusively presumed as a matter of law to be correct.(c)
All subsequent sellers, purchasers, title insurance companies, real estate brokers, examining attorneys, and lienholders are entitled to rely on the service plan filed by the municipality or county, including the notice form contained in the service plan, under Section 372.013 (Service Plan), Local Government Code.(d)
If the notice required by Section 5.014 (Notice of Obligations Related to Public Improvement District) is given at closing as provided by Section 5.0141 (Notice Required Before Contract Execution)(c), a purchaser, or the purchaser’s heirs, successors, or assigns, are not entitled to maintain an action for damages against a seller, title insurance company, real estate broker, or lienholder, or any agent, representative, or person acting on their behalf, because the seller:(1)
used the notice form included in the service plan filed by the municipality or county under Section 372.013 (Service Plan), Local Government Code; or(2)
relied on the filed legal description of the public improvement district in determining whether the property is located in the district.(e)
No action may be maintained against any title company for failure to disclose the inclusion of the property in a public improvement district when the municipality or county has not filed the service plan under Section 372.013 (Service Plan), Local Government Code, with the clerk of each county in which the district is located.(f)
All sellers, title insurance companies, examining attorneys, vendors of property and tax information, real estate brokers, and lienholders, and any agent, representative, or person acting on their behalf, are entitled to rely on the accuracy of:(1)
the service plan last filed by the municipality or county or the information in the notice form filed by the district under Section 372.013 (Service Plan), Local Government Code; or(2)
for the purposes of the notice required by Section 5.014 (Notice of Obligations Related to Public Improvement District), the information in the service plan filed by the municipality or county in effect as of January 1 of each year for the period January 1 through December 31 of such calendar year.
Source:
Section 5.0144 — Reliance on Filed Service Plan, https://statutes.capitol.texas.gov/Docs/PR/htm/PR.5.htm#5.0144
(accessed Jun. 5, 2024).