Texas § IN.2702.002 - INSURED CLOSING AND SETTLEMENT LETTER
Full text of Texas The Texas Constitution § IN.2702.002 — INSURED CLOSING AND SETTLEMENT LETTER, with citation guidance and answers to common questions.
§ IN.2702.002. INSURED CLOSING AND SETTLEMENT LETTER
INSURED CLOSING AND SETTLEMENT LETTER: CERTAIN BUYERS OR SELLERS. (a) On written request, a title insurance company may issue to the buyer or seller of real property located in this state, the sales price of which exceeds the maximum covered claim specified by Chapter 2602 , an insured closing and settlement letter in connection with the closing and settlement of the transaction by a title insurance agent or direct operation. Only the title insurance company that is to issue an owner title insurance policy in connection with the transaction may issue the insured closing and settlement letter. (b) An insured closing and settlement letter must be issued: (1) at or before closing; and (2) in the form and manner prescribed by the commissioner. (c) The commissioner may adopt a charge for the issuance of an insured closing and settlement letter under this section and prescribe the form and manner in which the charge must be made. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.2702.002
What does The Texas Constitution § IN.2702.002 cover?
Section IN.2702.002 ("INSURED CLOSING AND SETTLEMENT LETTER") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § IN.2702.002?
A common citation format is "The Texas Constitution § IN.2702.002" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § IN.2702.002 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.