PRIORITY OF SECURITY INTEREST FOR UNPAID RENTAL OF REAL PROPERTY
Applied in 1 court decision — leading case Green Tree Servicing, LLC v. 1997 Circle N Ranch Ltd. (2010)
Most recently applied in Green Tree Servicing, LLC v. 1997 Circle N Ranch Ltd. (November 2010)
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff
Except as provided by this subchapter, a lien or charge against a manufactured home for unpaid rental of the real property on which the manufactured home is or has been located is subordinate to the rights of a creditor with a security interest or lien that is:
(1) perfected under this chapter; and
(2) recorded on the document of title issued on the manufactured home.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.