Get Texas Code 520012 Form

Texas is a unique state when it comes to lien laws, especially in the residential world. Unlike many states, Texas is a homestead state, meaning homesteads have specific regulations for their protection—but can still also be liened under specific circumstances.

Exempt property includes most of what you need to live: Household items, up to $30,000 for a single person and $60,000 for a family. Vehicles, one for each licensed driver in the house. Your homestead, up to 10 acres urban property (single or family) and up to 100 acres rural (single) and 200 acres (family).

Texas Property Code Section 52.0012(c) states that a judgment lien does not attach to, and does not constitute a lien on, a judgment debtor's exempt real property, including the debtor's homestead.

Types of Personal Property that Can Be Seized in a Judgment Cash and bank accounts. Wages and investment accounts (including IRA accounts, in some circumstances) Cryptocurrency. Retirement benefits. State and federal benefits. Motor vehicles (cars, trucks, boats, motorcycles) Jewelry. Art.

Process Of Lien Release or Removal First, you need to contact your judgment creditor or its attorneys to inform them that the lien showing against your property is invalid. Then make a formal demand for the lien to be removed or else you will take legal action.

Up to $50,000 of personal property for an individual. Up to $100,000 in personal items for a Texas family. Home furnishings. Provisions for consumption; livestock, farm implements.

Your homestead, which is the home you live in most of the time, is protected from most judgment creditors. A homestead can include up to 10 acres of urban property (single or family) and up to 100 acres of rural property (single) and 200 acres (family).

A judgment lien lasts for ten years. ing to Section 52.001 of the Texas Property Code, a judgment lien cannot attach to any real property that is exempt from seizure or forced sale under Chapter 41 of the Texas Property Code. Homestead property is the most common type of exempt real property.