Texas AG Rules on Foreclosure When Deferrment of Taxes Filed by Taxpayer Prior to Age 65 PDF Print E-mail

7/28/10

This week, Texas Attorney General Opinion No. GA-0787 (2010) was issued on "Whether a property tax lien lender may exercise a right of forced sale after a property owner who has filed a deferment of taxes attains the age of 65."

The Summary to the Opinion stated,

"If an individual age sixty-five years or older has appropriately filed a deferment of taxes under section 33.06 of the Tax Code, a property tax lender with a tax lien that was perfected prior to the property owner's sixty-fifth birthday may not exercise a remedy of foreclosure or judicial sale until the 181st day after the date the individual no longer owns and occupies the property as a residence homestead."

To read the opinion, click on the link below.

http://www.oag.state.tx.us/opinions/opinions/50abbott/op/2010/htm/ga-0787.htm