Effectively, that meant that any Trust created in Texas could not be valid for more than about 100 years. However, with the passage of a new law in 2021, Trusts can now last up to 300 years after the last beneficiary dies.
TEX. CIVIL PRACTICE & REMEDIES CODE §16.035: Deed of Trust lien becomes barred 4 years after the original or extended maturity date of the secured obligation.
You will usually be discharged after four years, but some trust deeds can last for longer. This information will be included in the terms of the trust deed.
A Deed of Trust in Texas transfers title of real property in trust. It is the equivalent to a mortgage used in other states and provides a secured interest for a lender against real estate.
A Deed of Trust in Texas transfers title of real property in trust. It is the equivalent to a mortgage used in other states and provides a secured interest for a lender against real estate.
Deed of Trust Liens: Non-Federal Beneficiary/Payee CIVIL PRACTICE & REMEDIES CODE §16.035: Deed of Trust lien becomes barred 4 years after the original or extended maturity date of the secured obligation.
The title transfer process in Collin County involves changing the ownership of a property. It requires gathering necessary documents, such as the current title and proof of identity, completing specific forms, and filing them with the County Clerk's office, along with any applicable fees.
Self-filing the deed without an attorney is the most economical option for transferring real property title. However, it requires careful attention to detail. The Register's Office won't provide assistance or highlight mistakes in the paperwork.
Court Records: Please contact the clerks of the courts (District, County Courts at Law, Justice Courts) for any and all court records (divorce records, criminal cases, Probate, traffic tickets, lawsuits of any kind.) You can also verify a case number and case status online here to make it easier.