Sec. 305.205. SUBORDINATION OF LIEN ON REAL PROPERTY OWNED BY PERSONAL SURETIES. (a) A personal surety required to create a lien on specific real property under Section 305.204 who wishes to lease the real property for mineral development may file a written application in the court in which the proceedings are pending requesting subordination of the lien to the proposed lease.
(b) The judge may enter an order granting the application.
(c) A certified copy of the order, filed and recorded in the deed records of the proper county, is sufficient to subordinate the lien to the rights of a lessee under the proposed lease.
Added by Acts 2009, 81st Leg., R.S., Ch. 680 (H.B. 2502), Sec. 1, eff. January 1, 2014.
Structure Texas Statutes
Title 2 - Estates of Decedents; Durable Powers of Attorney
Subtitle G - Initial Appointment of Personal Representative and Opening of Administration
Chapter 305 - Qualification of Personal Representatives
Section 305.201. Personal or Authorized Corporate Sureties
Section 305.202. Sureties for Certain Bonds
Section 305.203. Affidavit of Personal Surety
Section 305.204. Lien on Real Property Owned by Personal Sureties
Section 305.205. Subordination of Lien on Real Property Owned by Personal Sureties
Section 305.206. Release of Lien on Real Property Owned by Personal Sureties