PURCHASER'S FEE.
Tex. GOV'T Code § 2175.188.
in effect(a) For property that is sold under Section 2175.186 or 2175.187 , the commission shall collect a fee from the purchaser.
(b) The commission shall set the fee at an amount that is:
(1) sufficient to recover costs associated with the sale; and
(2) at least two percent but not more than 12 percent of sale proceeds.
Added by Acts 2001, 77th Leg., ch. 1422, Sec. 11.03, eff. Jan. 1, 2002.
