Dividing a House in a Texas Divorce In a divorce the house is usually the largest asset and the one with the most strings attached. Texas is a community property state, which shapes the whole question in ways that surprise people who have moved here from elsewhere. The first distinction is between community property and separate property. Broadly, what either spouse acquired during the marriage is community property. What one spouse owned before the marriage, or rec
Selling a Texas House With an Open Insurance Claim Hail, wind and fire claims are routine in Texas, and an open claim complicates a sale in ways that are manageable if you understand who is owed what. The central question is who receives the claim proceeds. If there is a mortgage, the lender is typically named on the policy and the check is usually issued jointly. Lenders commonly hold the funds and release them in stages as repairs are completed and inspected. This is w
№ 03What Happens When Texas Property Taxes Go Unpaid
Behind on Property Taxes in Texas Texas has no state income tax and funds local government substantially through property tax, which makes the property tax lien unusually powerful here. If you are behind, the position is serious, but it is also more workable than most people assume. The lien attaches automatically on January 1 each year for that year's taxes. It is not something the county has to file to create. Taxes are generally due by January 31, and amounts unpaid o
№ 04Selling the Marital Home During a Texas Divorce
Selling the Marital Home During a Texas Divorce In a divorce the house is usually the largest asset and the one with the most strings attached. Texas is a community property state, which shapes the whole question in ways that surprise people who have moved here from elsewhere. The first distinction is between community property and separate property. Broadly, what either spouse acquired during the marriage is community property. What one spouse owned before the marr