Tex. Finance Code § 159.107
WAIVER OR AVOIDANCE PROHIBITED
Texas · Texas Finance Code · Status: effective
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- Citation
- Tex. Finance Code § 159.107, WAIVER OR AVOIDANCE PROHIBITED, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/646466
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Full text
(a) Any purported waiver of a right of a wrap borrower under this subchapter or purported exemption of a person from liability for a violation of this subchapter is void.
(b) A person who is a party to a residential real estate transaction may not evade the application of this subchapter by any device, subterfuge, or pretense, and any attempt to do so is void and a deceptive trade practice under Subchapter E, Chapter 17, Business & Commerce Code, and is actionable under that subchapter.