Sec. 2304.078. ACQUISITION OF PROPERTY TO ENFORCE LIEN    


Latest version.
  • To enforce a lien under this chapter, the department may acquire housing by:

    (1) foreclosure of a mortgage;

    (2) a sale under a deed of trust; or

    (3) a voluntary conveyance from a borrower in full or partial settlement of a housing rehabilitation loan.

Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.