Legal Question in Real Estate Law in Texas
How do I put a friendly lien on my lot I own to protect the equity. My Uncle has lent me money and I want to give him a lien on my lot as colladeral.
Asked on 8/06/09, 12:20 am
1 Answer from Attorneys
Cheryl Rivera Smith
The Smith Law Firm
You could record a deed of trust, but keep in mind that he can't foreclose on it because of homestead laws.
Answered on 8/07/09, 2:30 pm