Texas Supreme Court: You Can’t Claim Fraud If It’s in Writing and You Signed It
The Texas Supreme Court recently reaffirmed a contracting party’s ability to protect itself from liability for fraudulent inducement by bargaining for specific disclaimers of reliance on any extra-contractual statements. This decision serves as an important reminder of the power of such disclaimers, which can even bar actions based on post-signing misrepresentations if the parties later […]
Applications for Open-Space Agricultural Use Appraisal—What You Need to Know to Protect Your Ag Use Valuation
If you own land and have claimed an agricultural exemption, you may be familiar with the Texas Comptroller’s Application for 1-d-1 (Open-Space) Agricultural Use Appraisal. Certain landowners have recently received notices—surprisingly, in some cases—from their appraisal districts requesting that they file a new application, despite having previously received the appraisal. The precise reasons for reapplication […]