Untitled Texas Attorney General Opinion

OFFICE OF THE ATTORNEYGENERAL- STATEOF TEXAS JOHN CORNYN March 27,200l The Honorable Kip Averitt Opinion No. JC-0357 Chair, Committee on Financial Institutions Texas House of Representatives Re: Whether section 62.003 of the Property Code, P.O. Box 2910 which converts a personal property lien on a Austin, Texas 78768-2910 manufactured home to a purchase money lien on real property, creates a valid purchase money lien against homestead property under article XVI, section 50 of the Texas Constitution (RQ-0293- JC> Dear Representative Averitt: Article XVI, section 50 of the Texas Constitution…