The bill, introduced by Senator Zaffirini, amends the Property Code by adding Section 5.088, which mandates that certain contracts for the purchase of residential real property located in a "colonia" must be provided in Spanish if requested by the purchaser. A "colonia" is defined as an economically distressed area near the international border with at least 11 dwellings in close proximity. The bill stipulates that the Spanish translation of the executory contract must be done by a certified translator, while the executed contract and any binding documents must remain in English. Additionally, the bill clarifies that it does not apply to contracts for properties not located in a colonia.

The provisions of this bill will only apply to contracts entered into on or after its effective date, which is set for the 91st day following the end of the legislative session. Contracts made prior to this date will continue to be governed by the existing law. This legislation aims to enhance accessibility and understanding for Spanish-speaking individuals engaging in real estate transactions in economically distressed areas.

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