(a) Allowable fee components. Under Texas Tax Code, §32.06(b), a licensee may charge the following for filing the release:
- (1) the actual cost charged by the county clerk for filing the release;
- (2) the actual cost of attorney's fees paid to an outside attorney who is not an employee of the property tax lender for preparing the release; and
- (3) an administrative fee not to exceed $35 for services related to filing provided by the property tax lender (e.g., costs to mail or deliver release to county clerk or taxing unit(s)).
- (b) Potential limitations on administrative fee. The administrative fee provided by subsection (a)(3) of this section may be limited by other law.
- (c) Maximum aggregate fee. The maximum aggregate fee for all of the items provided in subsection (a) of this section shall not exceed $110.
Source Note:The provisions of this §89.602 adopted to be effective March 6, 2008, 33 TexReg 1772; amended to be effective July 5, 2012, 37 TexReg 4874.