Texas Codes

Tex. Prop. Code § 5.061 (2026)

Definition

✓ current as of May 2026
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Sec. 5.061. DEFINITION. In this subchapter, "default" means the failure to:

(1) make a timely payment; or

(2) comply with a term of an executory contract.

Added by Acts 1995, 74th Leg., ch. 994, Sec. 2, eff. Sept. 1, 1995. Renumbered from Property Code Sec. 5.065 and amended by Act 2001, 77th Leg., ch. 693, Sec. 1, Sept. 1, 2001.

Notes of Decisions
Cited in 24 cases (4 in the last 5 years), 1986–2026 · leading case: Dickey v. McComb Dev. Co., Inc., 115 S.W.3d 42 (Tex. App. 2003).
Dickey v. McComb Dev. Co., Inc., 115 S.W.3d 42 (Tex. App. 2003). · cites it 8× “See Tex. Prop. Code Ann. §§ 5.061 -.063 (Vernon 1995).”
Stanley Shook// Terry Walden & Joy Walden v. Terry Walden & Joy Walden// Stanley Shook, Patrick Jaehne & S&J Endeavors, L.L.C., 368 S.W.3d 604 (Tex. App. 2012). · cites it 2× “071, which requires that “[b]efore an executory contract is signed by the purchaser, the seller shall provide to the purchaser” a written statement specifying the purchase price of the property; “the interest rate charged under the contract”; “the dollar amount, or an 25 See…”
Leonel Ferrara v. Joan Nutt & Maick S. Dalu, 555 S.W.3d 227 (Tex. App. 2018). “See TEX. PROP. CODE ANN. §§ 5.061– .086 (West 2014 & Supp.”
In Re Waldron, 65 B.R. 169 (Bankr. N.D. Tex. 1986). “The statute states that it applies to “an executory contract for conveyance of real property used or to be used as the purchaser’s residence_” (emphasis added) TEX.PROP.CODE ANN. § 5.061 (Vernon 1984).”
Rivera v. Morales, 733 S.W.2d 677 (Tex. App. 1987). · cites it 2× “NOTES [1] Article 1301b now TEX.PROP.CODE ANN. §§ 5.061, 5.062 and 5.”
In re Garza, 462 B.R. 638 (Bankr. N.D. Tex. 2011). “See Tex. Prop.Code Ann. §§ 5.061, 5.063, 5.066-.”
Entrekin v. Graves (In Re Graves), 70 F. App'x 752 (5th Cir. 2003). “See Tex. Prop.Code Ann. § 5.061 (Vernon 2002).”
Charles R. Ward, III A/K/A Chuck R. Ward v. Charles & Diana Malone (Tex. App. 2007). · cites it 3× “See Former Tex. Prop. Code Ann. §§ 5.061 , 5.063, 5.”
Jackson, Jeffrey & Brenda v. Ranger Dev. Co. (Tex. App. 2002). · cites it 2× “Former Tex. Prop. Code Ann. § 5.061 . (1) When, as here, the property is used as the buyer's residence, the seller must give the defaulting buyer this statutory notice before the seller may enforce a forfeiture of the buyer's interest.”
Khosrow Sadeghian v. Billy & Karen Wright (Tex. App. 2019). “” See TEX. PROP. CODE ANN. § 5.061– 7 “Admissions of fact on file at the time of a summary judgment hearing are proper summary judgment proof and thus will support a motion for summary judgment.”
Rose Mary G. Sanchez & Noe G. Sanchez v. Christopher Paul Montalvo A/K/A Chris Montalvo & MadChris, LLC (Tex. App. 2021). “Texas Property Code Chapter 5, Subchapter D governs certain executory contracts for the conveyance of real property and imposes several procedural requirements, including notice and disclosure requirements, remedies upon default, and the purchaser’s right to cancel the contract.”
— Tex. Prop. Code § 5.061(b) — 1 case
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