Tex. Local Government Code § 253.014
BROKER AGREEMENTS AND FEES FOR SALE OF REAL PROPERTY BY HOME-RULE MUNICIPALITY
Texas · Texas Local Government Code · Status: effective
Cite this
- Citation
- Tex. Local Government Code § 253.014, BROKER AGREEMENTS AND FEES FOR SALE OF REAL PROPERTY BY HOME-RULE MUNICIPALITY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/691374
- Permanent ID
ys:prov:691374@1- SHA-256
de1bedc584928bc562144e6a420e40b5f6ecdaacbffda549fa637be937ba581e
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) In this section, "broker" means a person licensed as a broker under Chapter 1101, Occupations Code.
(b) The governing body of a home-rule municipality may contract with a broker to sell a tract of real property that the municipality:
(1) owns; or
(2) holds in trust and has the authority to sell.
(c) The governing body may pay a fee if a broker produces a ready, willing, and able buyer to purchase a tract of real property.
(d) If a contract is made under Subsection (b) with a broker to list the tract of real property for sale for at least 30 days with a multiple-listing service, the governing body on or after the 30th day after the date the property is listed may sell the tract of real property to a ready, willing, and able buyer who is produced by any broker using the multiple-listing service and who submits the highest cash offer.
(e) The governing body may sell a tract of real property under this section without complying with the public auction requirements prescribed by Section 253.008 or other law or the notice and bidding requirements prescribed by Section 272.001 or other law.