1151.201 – MORTGAGE OR PLEDGE OF ESTATE PROPERTY AUTHORIZED
Texas Estates Code § 1151.201
Summary
This law allows a guardian to mortgage or pledge a ward's estate property under court order to secure debts. It specifically applies to situations where funds are needed for tax payments or other necessary expenses related to the guardianship estate.
Guardians can mortgage estate property with court approval.
Applicable for securing debts like taxes owed by the ward.
Ensures funds are available for necessary estate expenses.
Frequently Asked Questions
Why Attorneys Choose FlawFinder
Side-by-side with Westlaw and LexisNexis
Feature
FlawFinder
Westlaw
LexisNexis
Monthly price
$19 - $99
$133 - $646
$153 - $399
Contract
None
1-3 year min
1-6 year min
Hidden fees
$0, always
Up to $469/search
$25/mo + per-doc
Police SOPs
✓ 310+ departments
✗
✗
Zero-hallucination AI
✓ CitationGuard
✗
✗
Cancel
One click
Termination fees
No option to cancel
Explain Like I'm 5
In simple terms: Learn about Texas's MORTGAGE OR PLEDGE OF ESTATE PROPERTY AUTHORIZED law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
FlawFinder provides legal information, not legal advice. Consult a licensed attorney for specific legal guidance.