Legal Question in Real Estate Law in Texas
In the process of financing a house for my dughter (1997), I filed a Deed of Trust and a Warranty Deed with Vendor Lien with the County Clerk for recording. (She also executed a RE Lien Note.)
The note is now fully paid.
I will now file a Release of Lien with the County Clerk to eliminate my interest as provided in the Deed of Trust. I will also mark the note"Paid" and deliver to her.
What have I missed? In there anything else to do?
Asked on 10/18/10, 3:34 pm
1 Answer from Attorneys
You should probably visit a title company and ask them this same question. The goal at the end of the day is to have insurable title. If this was a DIY project, then you should double check that your child can sell the house in the future without further need for your involvement.
Answered on 10/23/10, 3:57 pm