A Texas Certificate of Conversion of a Limited Partnership (LP) Converting to a Real Estate Investment Trust (REIT) is a document that confirms the conversion of a limited partnership into a real estate investment trust in the state of Texas. This type of conversion is typically used by an LP that wants to benefit from the preferential tax status afforded to Rest. The Texas Certificate of Conversion is issued by the Texas Secretary of State and is required in order to legally convert a limited partnership to a REIT. There are two types of Texas Certificate of Conversion of an LP Converting to a Real Estate Investment Trust: a Statutory Conversion Certificate and a Certificate of Conversion from a Limited Partnership to a Statutory Trust. The Statutory Conversion Certificate is used when the LP is converting to a REIT under the Texas Business Organizations Code. The Certificate of Conversion from a Limited Partnership to a Statutory Trust is used when the LP is converting to a REIT under the Texas Trust Code. The Texas Certificate of Conversion of a Limited Partnership Converting to a Real Estate Investment Trust is an important document that confirms the conversion and sets forth the terms of the conversion. It is important that the terms of the conversion are clearly outlined in the certificate in order to ensure the protection of all parties involved in the conversion.