Legal Question in Real Estate Law in Texas

default covenants home equity loans in Texas

Is 'death' considered to be a default covenant on a Texas Home Equity Loan?


Asked on 9/26/08, 4:48 pm

1 Answer from Attorneys
Cheryl Rivera Smith The Smith Law Firm

Re: default covenants home equity loans in Texas

Death is not a default. When death occurs, the decedent's estate becomes responsible for the debts and obligations of the decedent.

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Answered on 9/26/08, 5:24 pm


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