Legal Question in Real Estate Law in Texas
Release of Lien
A friend and I bought a house in
1996. In 2001 I bought her out,
and financed some of the pay-out
through the mortgage company.
They paid her, she received her
money, but the lien for what the
mortgage company paid is still
outstanding. Now I am trying to sell
the house and she won't sign the
release of lien. Do I have any
alternatives? Should the sale fall
though, would a lawsuit against her
have any change of succeeding?
Asked on 5/14/09, 3:53 pm
1 Answer from Attorneys
Cheryl Rivera Smith
The Smith Law Firm
Re: Release of Lien
Go to the title company that paid off the lien. They may be able to insure around it. The answer to question 2 is yes.
Answered on 5/14/09, 6:41 pm