- (a) Except as provided by Section 25.07, property encumbered by a leasehold or other possessory interest or by a mortgage, deed of trust, or other interest securing payment or performance of an obligation shall be listed in the name of the owner of the property so encumbered.
- (b) Except as otherwise directed in writing under Section 1.111(f), real property that is subject to an installment contract of sale shall be listed in the name of the seller if the installment contract is not filed of record in the real property records of the county.
Acts 1979, 66th Leg., p. 2270, ch. 841, Sec. 1, eff. Jan. 1, 1982.
Amended by Acts 1995, 74th Leg., ch. 579, Sec. 9, eff. Jan. 1, 1996;
Acts 1999, 76th Leg., ch. 1481, Sec. 6, eff. Jan. 1, 2000.