Real Property - Termination of Residential Real Estate Contracts - Contingency Clauses
Introduced
Moved
Reached a final decision
Became law
Derived from the official record below.
Officially: “Real Property - Termination of Residential Real Estate Contracts - Contingency Clauses” Read the full text
2026 session
What it does
Altering the definition of "contingency clause" as the term applies to the circumstances under which a residential real estate contract may be terminated by a purchaser; and altering the time period within which a holder of trust money must distribute trust money to a purchaser.
From the official legislative record, shown verbatim. Not legal advice.
Where it is
First reading, house of origin · Feb 5, 2026
Hearing · Mar 5, 2026
Committee report, house of origin: Favorable · Mar 18, 2026
Second reading, house of origin: Passed · Mar 2, 2026
Third reading, house of origin: Passed · Mar 4, 2026
First reading, opposite house · Mar 8, 2026
Committee report, opposite house: Favorable · Apr 7, 2026
Second reading, opposite house: Passed · Mar 20, 2026
Third reading, opposite house: Passed · Mar 21, 2026
The numbers
1
sponsor on the bill
Sponsors
Every fact on this page links to its source, starting with the official bill record. Last action: Approved by the Governor - Chapter 716 (as of Aug 30, 2026).