This subchapter does not apply to:
(1) an individual who is a citizen or lawful permanent resident of the United States;
(2) a company or organization that is owned by or under the control of:
(A) one or more individuals described by Subdivision (1); and
(B) no individual described by Section 5.253; or
(3) a leasehold interest in land or improvements constructed on a leasehold if the duration of the interest is less than one year.
Official text of the Texas Property Code as published by the Texas Legislative Council.