Legal Question in Real Estate Law in Texas
When an attorney petitions a County District Court for the release of a clients excess tax sale proceeds; as specified in the Texas Property Tax Code, section 34.04, IS $1,000. payment to Attorney the max he can charge covering his payment and all costs? OR is his payment not to exceed $l,000. max with all costs in ADDITION to the $1,000. (it has already been estabilished by client that the excess proceeds exist and there are no competing claims against them).
1 Answer from Attorneys
The code reads: "A fee charged to obtain excess proceeds for an owner may
not be greater than 25 percent of the amount obtained or $1,000,
whichever is less." So, I would say $1,000 or less for the attorney's fee, but he or she could add expenses, such as copies, filing fee, etc.