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Amend CSHB 1823 (Senate committee printing) as follows:                      
	(1)  In the recital to SECTION 2 of the bill (page 1, line 
28), strike "Subsection (e)" and substitute "Subsections (e), (f), 
and (g)".
	(2)  In SECTION 2 of the bill, between added Subsection (e), 
Section 5.062, Property Code, and SECTION 3 of the bill (page 1, 
between lines 44 and 45), insert the following:
	(f)  Notwithstanding any other provision of this subchapter, 
only the following sections apply to an executory contract 
described by Subsection (a)(2) if the term of the contract is three 
years or less and the purchaser and seller, or the purchaser's or 
seller's assignee, agent, or affiliate, have not been parties to an 
executory contract to purchase the property covered by the 
executory contract for longer than three years:
		(1)  Sections 5.063-5.065;                                             
		(2)  Section 5.073, except for Section 5.073(a)(2); and                
		(3)  Sections 5.083 and 5.085.                                         
	(g)  Except as provided by Subsection (b), if Subsection (f) 
conflicts with another provision of this subchapter, Subsection (f) 
prevails.
	(3)  In SECTION 3 of the bill, in added Subsection (a), 
Section 5.0621, Property Code (page 1, lines 48-50), strike "if a 
residential lease of real property includes an option to purchase 
the property, the provisions of this subchapter and Chapter 92 
apply to the lease" and substitute "the provisions of this 
subchapter and Chapter 92 apply to the portion of an executory 
contract described by Section 5.062(a)(2) that is a residential 
lease agreement".
	(4)  In SECTION 6 of the bill, at the end of added Section 
5.082, Property Code (page 3, between lines 44 and 45), insert the 
following:
	(e)  Not later than the 20th day after the date  a seller 
receives notice of an amount determined by a purchaser under 
Subsection (c)(1), the seller may contest that amount by sending a 
written objection to the purchaser.  An objection under this 
subsection must:
		(1)  be sent to the purchaser by regular and certified 
mail;         
		(2)  include the amount the seller claims is the amount 
owed under the contract; and
		(3)  be based on written records kept by the seller or 
the seller's agent that were maintained and regularly updated for 
the entire term of the executory contract.