McPhail v. Texas Architectural Aggregate, Inc.

DICKENSON, Justice.

The issue is whether an option to purchase land is void. Legal title to two tracts of land is in the Veteran’s Land Board, and the lands in question are being purchased by two veterans who granted an option to a third party. The trial court held the option void. Based upon our reading of Article 5421m, Section 17, and Section 161.224 of the Texas Natural Resources Code, 1 we will modify the judgment to provide that the option is not void but that it was unenforceable until three years after the date of the veterans’ purchase of the property from the Veteran’s Land Board and…