The Excess Proceeds Texas With Claim you see on this page is a reusable legal template drafted by professional lawyers in compliance with federal and regional laws and regulations. For more than 25 years, US Legal Forms has provided people, organizations, and legal professionals with more than 85,000 verified, state-specific forms for any business and personal scenario. It’s the quickest, simplest and most reliable way to obtain the documents you need, as the service guarantees the highest level of data security and anti-malware protection.
Getting this Excess Proceeds Texas With Claim will take you just a few simple steps:
Subscribe to US Legal Forms to have verified legal templates for all of life’s situations at your disposal.
Foreclosure sales are held at the county courthouse on the first Tuesday of each month. Anyone may bid. After the auction, you do not have a right to buy back your property from the new owner unless it is being sold by a government entity, a tax lender, or for nonpayment of homeowner's association fees.
1. Excess Proceeds: If more than $25 is left from the foreclosure sale of your home after the lien and any costs are paid, you are entitled to claim that money. 2. Time Limits: You must file a claim for excess proceeds within two years of the sale of the property.
Excess Proceeds is the amount of funds remaining after the Treasurer and Tax Collector sells a tax-defaulted property and recovers the taxes, penalties and costs.
(i) A fee charged by an attorney to obtain excess proceeds for an owner may not be greater than 25 percent of the amount obtained or $1,000, whichever is less. A person who is not an attorney may not charge a fee to obtain excess proceeds for an owner.
Section 34.04 - Claims for Excess Proceeds (a) A person, including a taxing unit and the Title IV-D agency, may file a petition in the court that ordered the seizure or sale setting forth a claim to the excess proceeds. The petition must be filed before the second anniversary of the date of the sale of the property.