HB4876 — Relating to the withdrawal of certain deposits placed in escrow in connection with the purchase or reservation of a condominium unit.

HB4876 — Relating to the withdrawal of certain deposits placed in escrow in connection with the purchase or reservation of a condominium unit. · Informed CitizenryThe bill amends Section 82.158 of the Property Code regarding escrow deposits for condominium units. Generally, a deposit made when purchasing or reserving a unit from a declarant must be held in e…Open in Informed Citizenry