Legal Question in Real Estate Law in Texas

I have a housethat is owner financed that is about to pay-off and i am worried the guy isn't going to sign over the property what are my rights


Asked on 12/19/09, 6:20 am

1 Answer from Attorneys
Cheryl Rivera Smith The Smith Law Firm

Your lender is required to sign a release of lien at payoff. If your lender fails to do so, he or she is liable for any damages you incur to get the lien released. Usually a strong letter from an attorney will do the trick, but the worst possible case is that you will have to go to court to get the lien cleared by court order.

Read more
Answered on 12/24/09, 9:02 am


Related Questions & Answers

More Real Estate and Real Property questions and answers in Texas