87R12329 AJA-D
By: Miles S.B. No. 1639
A BILL TO BE ENTITLED
AN ACT
relating to remedies for fraud and duress in the conveyance of real
property.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Title 4, Property Code, is amended by adding
Chapter 31 to read as follows:
CHAPTER 31. FRAUD AND DURESS IN REAL PROPERTY CONVEYANCES
Sec. 31.001. RECOVERY OF TREBLE DAMAGES. (a) This section
applies to a civil action to recover damages arising from:
(1) the fraudulent conveyance of real property;
(2) the fraudulent execution of a deed; or
(3) the obtaining of the execution of a deed by a
person acting under duress.
(b) A claimant who successfully asserts a claim described by
Subsection (a) may recover three times the claimant's actual
damages.
SECTION 2. The change in law made by this Act applies only
to a cause of action that accrues on or after the effective date of
this Act.
SECTION 3. This Act takes effect September 1, 2021.