Texas Civil Practice and Remedies Code Chapter 64 > Subchapter D – Claims and Liabilities
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Terms Used In Texas Civil Practice and Remedies Code Chapter 64 > Subchapter D - Claims and Liabilities
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Lien: A claim against real or personal property in satisfaction of a debt.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Mortgagee: The person to whom property is mortgaged and who has loaned the money.