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Tex. Business & Commerce Code § 22.004

INFORMATION FROM WINNING BIDDER

Texas · Texas Business & Commerce Code · Status: effective

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Tex. Business & Commerce Code § 22.004, INFORMATION FROM WINNING BIDDER, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/630598
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(a) A winning bidder at a sale, other than the foreclosing mortgagee or mortgage servicer, shall provide the following information to the trustee or substitute trustee at the time the trustee or substitute trustee completes the sale: (1) the name, address, telephone number, and e-mail address of the bidder and of each individual tendering or who will tender the sale price for the winning bid; (2) if the bidder is acting on behalf of another individual or organization, the name, address, telephone number, and e-mail address of the individual or organization and the name of a contact person for the organization; (3) the name and address of any person to be identified as the grantee in a trustee's or substitute trustee's deed; (4) the purchaser's tax identification number; (5) a government-issued photo identification to confirm the identity of each individual tendering funds for the winning bid; and (6) any other information reasonably needed to complete the trustee's or substitute trustee's duties and functions concerning the sale. (b) If a winning bidder required to provide information under Subsection (a) fails or refuses to provide the information, the trustee or substitute trustee may decline to complete the transaction or deliver a deed.