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A BILL TO BE ENTITLED
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AN ACT
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relating to broker agreements for the leasing of real property |
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owned by a county. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Sections 263.008(b), (c), (d), and (e), Local |
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Government Code, are amended to read as follows: |
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(b) The commissioners court of a county may contract with a |
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broker to sell or lease a tract of real property that is owned by the |
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county. |
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(c) The commissioners court of a county may pay a fee if a |
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broker produces a ready, willing, and able buyer or lessee to |
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purchase or lease a tract of real property. |
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(d) If a contract made under Subsection (b) requires a |
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broker to list the tract of real property for sale or lease for at |
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least 30 days with a multiple-listing service used by other brokers |
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in the county, the commissioners court on or after the 30th day |
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after the date the property is listed may sell or lease the tract of |
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real property to a ready, willing, and able buyer or lessee who is |
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produced by any broker using the multiple-listing service and who |
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submits the highest cash offer. |
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(e) The commissioners court may sell or lease a tract of |
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real property under this section without complying with the |
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requirements for conducting a public auction, including the |
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requirements prescribed by Section 263.001. |
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SECTION 2. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2017. |