Texas Statutes (Last Updated: January 4, 2014) |
ESTATES CODE |
Title 3. GUARDIANSHIP AND RELATED PROCEDURES |
Subtitle D. CREATION OF GUARDIANSHIP |
Chapter 1105. QUALIFICATION OF GUARDIANS |
Subchapter E. PROVISIONS RELATING TO PERSONAL SURETIES |
Sec. 1105.203. SUBORDINATION OF LIEN ON REAL PROPERTY OWNED BY PERSONAL SURETY
Latest version.
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(a) A personal surety required to create a lien on specific real property under Section 1105.202 who wishes to lease the real property for mineral development may file a written application in the court in which the proceeding is pending requesting subordination of the lien to the proposed lease.
(b) The judge may enter an order granting the application.
(c) A certified copy of an order entered under this section that is filed and recorded in the deed records of the proper county is sufficient to subordinate the lien to the rights of a lessee under the proposed lease.
Added by Acts 2011, 82nd Leg., R.S., Ch. 823 , Sec. 1.02, eff. January 1, 2014.