Text of New Sub2 Law in Texas as of 1/1/08

http://www.capitol.state.tx.us/tlodocs/80R/billtext/html/HB02207I.HTM

a) This section does not apply to a sale of residential real property where the purchaser of real property obtains a title insurance policy or a commitment for title insurance insuring the transfer of title to the real property.

This is the out for it. title insurance or a commitment. Now it increases the transaction cost and now delays closings, but it is still workable.