When entering into a contract in Texas, it’s not uncommon to come across a clause that requires the parties to waive their right to a trial by jury. While this provision might seem like a minor detail amidst the sea of legal language, it can have significant implications should a dispute arise. Understanding what it […]
Month: June 2024
How to Transfer Vehicle Ownership After Death in Texas
When a loved one passes away, handling their estate can be challenging, especially when it comes to transferring ownership of their assets. One common asset that often needs to be transferred is a vehicle. In Texas, there is a simplified process for transferring the title of a vehicle after the owner’s death, particularly when the […]
Enforcement of Security Interests in Texas: Remedies and Procedures
The enforcement of security interests is a critical aspect of commercial transactions, providing secured parties with the confidence that they can reclaim their collateral in the event of debtor default. The Uniform Commercial Code (UCC), particularly Article 9, outlines the remedies available to secured parties and the procedures they must follow. In Texas, the enforcement […]
Can You Sue Your Spouse for Partition in Texas?
In Texas, the concept of partition is a legal mechanism that allows co-owners of property to divide their shared interest when they cannot agree on the disposition of the property. However, when it comes to partitioning property with your spouse, the situation becomes more complex. What is Partition? Partition is used when two or more […]
Pretermitted Children and Inheritance in Texas: Understanding Your Rights
In Texas, inheritance laws are designed to ensure that the wishes of a deceased individual (the testator) are honored and that their assets are distributed according to their estate plan. However, sometimes unforeseen circumstances arise, such as the birth or adoption of a child after the creation of a will. These children, known as “pretermitted […]
Navigating the Junk Fee Prevention Act
In recent years, “junk fees” have become a pervasive issue affecting consumers across various industries. These hidden or deceptive fees are often added to the cost of goods and services, leading to unexpected expenses for consumers. To address this, the Biden administration has proposed the Junk Fee Prevention Act, aimed at curbing these unfair practices. […]
Releasing a Lien on Real Property When a Lender is No Longer in Existence
A lien is a legal claim against an asset, often used as collateral for a loan. In the realm of financial transactions, situations can arise where a lender, for various reasons, ceases to exist. Whether due to bankruptcy, acquisition, death of an individual lender, or simply closing shop, the absence of a lender can complicate […]
Navigating New Changes: Texas Property Tax and Homestead Exemptions in 2024
As we step into 2024, Texas homeowners face significant changes in property tax regulations and homestead exemptions that promise to influence financial planning and property management. With the new legislative adjustments, understanding these changes is crucial for homeowners to ensure they maximize their benefits and comply with the new legal landscape. The Texas Legislature has […]