Application of Judgment Recovery

Real Estate Brokers and Sales Agents · Real Estate Recovery Trust Account

An aggrieved person who receives a recovery on a judgment against a single defendant before receiving a payment from the trust account must apply the recovery first to actual damages.

Official text of the Texas Occupations Code as published by the Texas Legislative Council.

Official source

Legislative history

Added by Acts 2001, 77th Leg., ch. 1421, Sec. 2, eff. June 1, 2003.