31 Tex. Admin. Code § 13.58 - Declaration of Good-Faith Claimant Status
(a) When determining whether a person is a
good-faith claimant, the commissioner may take into account whether, under the
facts and circumstances presented, the person should have conducted a title
investigation before or after taking possession of the land. The commissioner
will also consider whether public records delineated or disclosed the existence
of the vacant land prior to the person's use, occupation or possession of the
land.
(b) Not later than the 120th
day after the date the commissioner issues a final order finding that a vacancy
exists, the commissioner shall declare whether a necessary party is a
good-faith claimant.
(c) A
declaration of good-faith claimant status grants a preferential right to the
claimant to purchase or lease the land or an interest in the land under terms
and conditions set by the board as provided by §
51.194 of the
Texas Natural Resources Code. It confers no other rights.
Notes
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