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TITLE 43TRANSPORTATION
PART 10TEXAS DEPARTMENT OF MOTOR VEHICLES
CHAPTER 215MOTOR VEHICLE DISTRIBUTION
SUBCHAPTER DFRANCHISED DEALERS, MANUFACTURERS, DISTRIBUTORS, AND CONVERTERS
RULE §215.116Lease or Sublease Listing

A dealer that lists its dealership for lease or sublease to mitigate damages in accordance with Occupations Code, §2301.4651(e) is required to list for lease or sublease:

  (1) the entire real property if the termination or discontinuance effectively terminates all line-makes and all franchises for the entire dealership; or

   (2) only that portion of the real property associated with the terminated line-make or franchise, if the termination or discontinuance does not affect all line-makes and all franchises of the dealership.
Source Note: The provisions of this §215.116 adopted to be effective January 6, 2013, 37 TexReg 10255; amended to be effective February 13, 2017, 42 TexReg 571

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