Gavvy: Fin. Code, Sec. 159.105. Enforceability of Wrap Lien.

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Sec. 159.105. Enforceability of Wrap Lien.


Sec. 159.105.  ENFORCEABILITY OF WRAP LIEN.  A lien securing a wrap mortgage loan is void unless the wrap mortgage loan and the conveyance of the residential real estate securing the loan are closed by an attorney or a title company.
Added by Acts 2021, 87th Leg., R.S., Ch. 76 (S.B. 43), Sec. 3, eff. January 1, 2022.

Gavvy last updated this database on: Sep 6, 2024