Texas Property Code Title 5, Chapter 51 - Provisions Generally Applicable To Liens

• Texas Section 51.0001 - Definitions
  In this chapter: (1) "Book entry system" means a national book entry system for registering a beneficial interest in a security instrument that acts as...
• Texas Section 51.001 - Effect On Other Liens
  Except as provided by Chapter 59, this subtitle does not affect: (1) the right to create a lien by special contract or agreement; or (2)...
• Texas Section 51.0011 - Default Arising From Delinquent Ad Valorem Taxes: Installment Agreements
  (a) Notwithstanding any agreement to the contrary, a debtor is not in default under a deed of trust or other contract lien on real property...
• Texas Section 51.002 - Sale Of Real Property Under Contract Lien
  (a) A sale of real property under a power of sale conferred by a deed of trust or other contract lien must be a public...
• Texas Section 51.0021 - Notice Of Change Of Address Required
  A debtor shall inform the mortgage servicer of the debt in a reasonable manner of any change of address of the debtor for purposes of...
• Texas Section 51.0025 - Administration Of Foreclosure By Mortgage Servicer
  A mortgage servicer may administer the foreclosure of property under Section 51.002 on behalf of a mortgagee if: (1) the mortgage servicer and the mortgagee...
• Texas Section 51.003 - Deficiency Judgment
  (a) If the price at which real property is sold at a foreclosure sale under Section 51.002 is less than the unpaid balance of the...
• Texas Section 51.004 - Judicial Foreclosure--deficiency
  (a) This section applies if: (1) real property subject to a deed of trust or other contract lien is sold at a foreclosure sale under...
• Texas Section 51.005 - Judicial Or Nonjudicial Foreclosure After Judgment Against Guarantor--deficiency
  (a) This section applies if: (1) the holder of a debt obtains a court judgment against a guarantor of the debt; (2) real property subject...
• Texas Section 51.006 - Deed-of-trust Foreclosure After Deed In Lieu Of Foreclosure
  (a) This section applies to a holder of a debt under a deed of trust who accepts from the debtor a deed conveying real property...
• Texas Section 51.007 - Trustee Under Deed Of Trust, Contract Lien Or Security Instrument
  (a) The trustee named in a suit or proceeding may plead in the answer that the trustee is not a necessary party by a verified...
• Texas Section 51.0074 - Duties Of Trustee
  (a) One or more persons may be authorized to exercise the power of sale under a security instrument. (b) A trustee may not be: (1)...
• Texas Section 51.0075 - Authority Of Trustee Or Substitute Trustee
  (a) A trustee or substitute trustee may set reasonable conditions for conducting the public sale if the conditions are announced before bidding is opened for...
• Texas Section 51.0076 - Effective Date Of Appointment
  The appointment or authorization of a trustee or substitute trustee made in a notice of sale is effective as of the date of the notice...
• Texas Section 51.008 - Certain Liens On Real Property
  (a) A lien on real property created under this code or another law of this state in favor of a governmental entity must be recorded...
• Texas Section 51.009 - Foreclosed Property Sold "As Is"
  A purchaser at a sale of real property under Section 51.002: (1) acquires the foreclosed property "as is" without any expressed or implied warranties, except...
• Texas Section 51.015 - Sale Of Certain Property Owned By Member Of The Military
  (a) In this section: (1) "Active duty military service" means: (A) service as a member of the armed forces of the United States; and (B)...
• Texas Section 51.016 - Rescission Of Nonjudicial Foreclosure Sales
  (a) This section applies only to a nonjudicial foreclosure sale of residential real property conducted under Section 51.002. In this subsection, "residential real property" means:...

Last modified: September 28, 2016