A dealer that lists its dealership for lease or sublease to mitigate damages in accordance with Occupations Code, §2301.4651(e), is required to list for lease or sublease:
- (1) the entire real property if the termination or discontinuance effectively terminates all line-makes and all franchises for the entire dealership; or
- (2) only that portion of the real property associated with the terminated line-make or franchise, if the termination or discontinuance does not affect all line-makes and all franchises of the dealership.
Source Note:The provisions of this §215.116 adopted to be effective January 6, 2013, 37 TexReg 10255.