Notice of Default and Intent to Accelerate and Foreclose (Residential Foreclosures) (TX) | Practical Law

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.

Notice of Default and Intent to Accelerate and Foreclose (Residential Foreclosures) (TX)

Practical Law Standard Document w-000-0767 (Approx. 11 pages)

Notice of Default and Intent to Accelerate and Foreclose (Residential Foreclosures) (TX)

by Practical Law Real Estate
MaintainedTexas
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.