The Texas Homestead and Transferring Title

The Texas Homestead and Transferring Title

Texas law protects an individual or family homestead against forced sale to pay debts of general creditors.  A homestead is generally defined as real property owned by the individual or family where the individual or family resides.  A family homestead may be the separate property of one spouse or community property of both spouses, and a family may have only one homestead under Texas law.  Although property may be the separate property of one spouse, either because it was purchased as or with separate property or was agreed to be separate property by both spouses, the status of property as a homestead brings provisions from the Texas Family Code and Texas Estates Code into play.

The Texas Family Code Section 5.001 requires, with limited exception, that both spouses join in the sale, conveyance or encumbrance of homestead property, regardless of whether the property is the separate property of one spouse.  This means that, even if you inherited your bungalow in the Heights or bought it while you were single, the Title Company will require your spouse to execute any Deed to sell the property, or Deed of Trust if you refinance the existing mortgage or take out a Home Equity loan.  Failure of both spouses to sign the Deed or Deed of Trust means the conveyance was not complete and subjects the Title Insurance company to future claims against the title policy(ies) issued.

Likewise, several sections of the Texas Estates Code are applicable to homestead property.  Surviving spouses and minor children of a deceased person have the right to occupy homestead property after the death of the deceased, even if the deceased had a will that bequeathed the property to someone else.  For example, if a property owner remarries late in life and executes a will leaving his home to his children, the status of the property as homestead gives the new spouse the right to occupy the homestead for the remainder of his or her life.  A Deed from the Executor to the children will not extinguish the surviving spouse’s right to occupy the property, and a Title Company will require the surviving spouse to join in any sale, conveyance or encumbrance of the homestead property.

If you are selling or borrowing against your homestead and would like to use a knowledgeable title company conveniently located in the Heights, please give us a call.  Fidelity National Title, 1512 Heights Blvd., Houston, TX 77008 (713) 529-8800.

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Continuing Education Class

 

FACEBOOK FOR YOUR REAL ESTATE BUSINESS

Instructed by: Trecia Cooke
TREC MCE Trainer #3188
Fidelity National Title #9950
Course #30628
3 CE Credit Hours
$15 Fee

Thursday, July 7th
1:30 p.m. – 4:30 p.m.

Social networking has become a must for today’s real estate with Facebook leading the way.  This class will teach you how to set up a business page, add listings, open houses and solds; how to upload videos into albums, add client testimonials, lead capture features and more!

Please RSVP to Letty Nehls at letty@lairdlaw.net or 281.914.5579

 

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FB_Pinterest, Letty Nehls, Fidelity National Title, The Laird Law Firm, Jeff Laird, 1512 Heights blvd. Houston Heights, Real Estate, Title company, 77008

Continuing Education Class – Pinterest for Realtors

Pins, Boards, Images…OH MY!

Join us to learn how to expand your marketing net and embrace this visual tool for marketing your listings and expertise. Learn how to generate leads a little differently while having fun!

Instructed by: Trecia Cooke
TREC MCE Trainer #3188
Fidelity National Title #9952
Course:#26857
2hr CE Credit Hours

Fee: $10

Seating is limited!

RSVP:
Letty Nehls
letty@lairdlaw.net or 281-914-5579

What to bring?
• Laptop and charger
• License # for CE Class Registration

**Please arrive early to set up your device

ASK AN APPRAISER!

Have you ever wondered why appraisers come up short on value? Join us for a one hour seminar this Thursday, May 12th and learn how an appraiser determines value.

Please RSVP to Letty@lairdlaw.net
Ask an Appraiser

 

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Have you ever wanted to broadcast like the pros? Join us to learn how to effectively use the 2nd largest search engine to build your real estate business. Learn how to set up a channel, what the important settings and equipment are, and the best video types to upload.

Instructed by Trecia Cooke
TREC MCE Trainer #3188
Fidelity National Title #9952
Course #26537
2 CE Credit Hours
$10 Fee

Wednesday, May 4th – 9:30am

What to bring:
1. Laptop & charger
2. License for CE Class Registration

Please arrive early to set up your device!


Seating is limited!
PLEASE RSVP: letty@lairdlaw.net

 

The deadline to file your Homestead Exemption is April 30th!

Did you know you can now file a new homestead exemption using your smartphone?

According to the Harris County Appraisal Districts website, “Harris County residents can file a homestead exemption through the new iPhone app available through the Apple App Store under Harris County Appraisal District or through your computer or android phone using the web version of the homestead app.”

Below is the link for the Application for Residence Homestead Exemption.
http://www.hcad.org/pdf/forms/2016/11-13_v0116.pdf

Homestead exemption, Fidelity National Title. The Laird Law Firm, 1512 Heights Blvd, Houston, 77008, Houston Heights,

Happy Easter

We are always egg-cited to have clients like you!

Happy Easter from your friends at The Laird Law Firm, P.C.

Happy Easter - 1512 Heights Blvd., Houston Heights, 77008, 77009, 77007, Title company, Real estate, The Laird Law Firm, Escrow, title, Closing

Our office will be closed on Good Friday.

video

CONTINUING EDUCATION COURSE

VIDEO FOR THE REAL ESTATE

Instructed by: Trecia Cooke
TREC MCE Trainer #3188
Fidelity National Title #9952
Course #29332
2 CE Credit hours
$10

Wednesday, April 6th
1:30 p.m.

Consumers are turning to video now more than ever. They are in search of reviews, how to’s and advice when it comes to products and services. Real estate is no different.

Learn how to communicate with the real estate consumer using video. Learning best practices, techniques, and leveraging technology applications available to market themselves and their listings effectively.

Please RSVP: Letty@lairdlaw.net

CE video class 4_6_16 fidelity National Title, The Laird Law Firm, 1512 heights Blvd, Houston, TX 77008, Letty Nehls, Jeff Laird, MCE, CE, education, video for the real estate agent, technology, Houston Heights