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A BILL TO BE ENTITLED
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AN ACT
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relating to the failure to disclose certain appraisal reports by an |
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entity with eminent domain authority in connection with an offer to |
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acquire real property. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 21.0111(a), Property Code, is amended to |
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read as follows: |
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(a) An entity with eminent domain authority that wants to |
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acquire real property for a public use shall, by certified mail, |
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return receipt requested, disclose to the property owner at the |
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time an offer to purchase or lease the property is made any and all |
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appraisal reports produced or acquired by the entity relating |
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specifically to the owner's property and prepared in the 10 years |
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preceding the date of the offer. An entity that fails to meet the |
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requirements of this subsection is liable to the owner for |
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reasonable attorney's fees incurred by the owner in connection with |
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the entity's acquisition of the owner's property. |
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SECTION 2. The change in law made by this Act applies only |
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to the acquisition of real property in connection with an initial |
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offer made under Section 21.0113, Property Code, on or after the |
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effective date of this Act. An acquisition of real property in |
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connection with an initial offer made under Section 21.0113, |
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Property Code, before the effective date of this Act, is governed by |
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the law applicable to the acquisition immediately before the |
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effective date of this Act, and that law is continued in effect for |
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that purpose. |
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SECTION 3. This Act takes effect September 1, 2021. |