1105.203 – SUBORDINATION OF LIEN ON REAL PROPERTY OWNED BY
Texas Estates Code § 1105.203
Summary
This law allows a personal surety to request the subordination of a lien on real property to facilitate leasing for mineral development. The request must be made to the court overseeing the related proceedings, and the judge has the discretion to grant the application.
Personal sureties can apply for lien subordination.
Application must be filed in the court with pending proceedings.
Judge has discretion to approve or deny the request.
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In simple terms: Learn about Texas's SUBORDINATION OF LIEN ON REAL PROPERTY OWNED BY law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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