This law allows the price in a sales contract to be paid in money, goods, or real estate. It clarifies that when goods are part of the payment, both parties act as sellers of those goods, while real estate transactions remain governed by separate rules.
Price can be paid in money, goods, or real estate.
Parties act as sellers when goods are part of the payment.
Real estate transfers are governed by different regulations.
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In simple terms: Learn about Texas's PRICE PAYABLE IN MONEY, GOODS, REALTY, OR law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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