 |
|
|
 |
New Member
|
|
Mar 5, 2011, 06:10 PM
|
|
What does levey date for real estate property in Texas mean?
I am renting a place and just found out the house has a sale date a minium bid a levey date and a judgement date. I want to know what happens now? I haven't been notified by my landlord of such a problem and was wondering what happens to me and my family as tenants?
|
|
 |
Expert
|
|
Mar 5, 2011, 06:21 PM
|
|
If I was a tenant, I would go to the tax sale and buy the property for taxes. And then follow the redemption rules for your state on tax sales.
Your landlord is still the owner of the property the sale is completed and the ownership is changed by the state rules of the tax sale..
|
|
 |
Computer Expert and Renaissance Man
|
|
Mar 5, 2011, 06:23 PM
|
|
How did you find this out? What documents did you receive?
|
|
 |
New Member
|
|
Mar 5, 2011, 10:56 PM
|
|
Comment on Fr_Chuck's post
The property is so run down, and I don't think it is worth the minium bid on it.
|
|
 |
New Member
|
|
Mar 5, 2011, 10:59 PM
|
|
Comment on ScottGem's post
I didn't receive anything, but I googled the address and it popped up for my local sheriff's office and had a court order type notice stating saying there was a minium bid and the date of the sale, the levey date, and the judgement date. They were all dated this year.
|
|
 |
Computer Expert and Renaissance Man
|
|
Mar 6, 2011, 04:47 AM
|
|
Did it give any reason for the auction? Like a tax sale or something like that? What happens could depend on the reason for the auction.
Do you have a lease?
P.S. If you have a follow-up question or info please Use the ANswer options, not comments.
|
|
 |
Expert
|
|
Mar 6, 2011, 07:19 PM
|
|
 Originally Posted by schobie
I didn't receive anything, but I googled the address and it popped up for my local sheriff's office and had a court order type notice stating saying there was a minium bid and the date of the sale, the levey date, and the judgement date. They were all dated this year.
The levy date would be the date that the sheriff posted the property with notice of the foreclosure.
Verb levy (third-person singular simple present levies, present participle levying, simple past and past participle levied)
1. To impose a tax or fine, to collect monies due, or to confiscate property
...
|
|
Question Tools |
Search this Question |
|
|
Add your answer here.
Check out some similar questions!
Escrow deposit, reasons for default, Texas commercial real estate law
[ 1 Answers ]
Is there any defining jurisprudence on where the law stands on Commercial Real Estate Escrow Deposit, and the default thereof, in Texas? Is its basis established around Liquidated Damages or the letter of the contract? I have been involved in a rat's nest of an experience, with an REO property. ...
Real Estate closing date change
[ 1 Answers ]
Is there a law as to say how many times a home closing can be rescheduled before the seller could legally back out. If none of the reschedules are the sellers fault?
View more questions
Search
|