Texas Finance Code 64.062 – Advances Are Lien On Property
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Terms Used In Texas Finance Code 64.062
- Lien: A claim against real or personal property in satisfaction of a debt.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
A payment under Section 64.061 is a lien against the real property that secures the loan for which it is made.