12.017[2/3] – TITLE INSURANCE COMPANY AFFIDAVIT AS RELEASE OF
Texas Property Code § 12.017[2/3]
Summary
This law allows for a title insurance company affidavit to serve as a full release of a mortgage on certain residential properties. It primarily affects homeowners and lenders dealing with mortgages secured by one-to-four family residences or properties with debts under $1.5 million.
Applies to one-to-four family residences and certain lower-value properties.
Affidavit serves as a full release of the mortgage.
Affects both homeowners and lenders in Texas.
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In simple terms: Learn about Texas's TITLE INSURANCE COMPANY AFFIDAVIT AS RELEASE OF 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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