Notice of Default and Intent to Accelerate and Foreclose (Residential Foreclosures) (TX) | Practical Law
A notice of default and intent to accelerate and foreclose that is used to comply with the Texas Property Code. A lender (or its mortgage servicer) must give a statutory notice of default and intent to accelerate and foreclose to a borrower before commencing a Texas foreclosure action when the loan is secured by the borrower's principal residence. This Standard Document has integrated notes with important explanations and drafting tips.