Local Government Code § 116.059
The commissioners court must investigate real property security and set the value for acceptance, and it may not accept it above 50% of reasonable market value unless the mortgage is FHA insured or guaranteed.
- Jurisdiction
- United States — Texas
- Instrument
- Code
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- Undated source snapshot
- Language
- en
- Official source
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mortgage security real property security
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Local Government Code § 116.059
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