Category: Florida

25 Jul

Underwriting Q&A: If the subject property is the seller’s homestead, can I remove the abstract of judgment against the seller (debtor) from the Commitment?

Q: If the subject property is the seller’s homestead, can I remove the abstract of judgment against the seller (debtor) from the Commitment? A: Texas– No. The Texas Constitution exempts a homestead from forced sale by creditors, except those constitutionally permitted liens enumerated in the constitution. However, if a judgment lien is recorded, it can