Texas Property Code

§ 51.0001 — DEFINITIONS

PR § 51.0001Title 5. EXEMPT PROPERTY AND LIENS · Part B. LIENS · Ch. 51. PROVISIONS GENERALLY APPLICABLE TO LIENS

Statute text

In this chapter:

(1)"Book entry system" means a national book entry system for registering a beneficial interest in a security instrument that acts as a nominee for the grantee, beneficiary, owner, or holder of the security instrument and its successors and assigns.

(2)"Debtor's last known address" means:

(A)for a debt secured by the debtor's residence, the debtor's residence address unless the debtor provided the mortgage servicer a written change of address before the date the mortgage servicer mailed a notice required by Section 51.002; or

(B)for a debt other than a debt described by Paragraph (A), the debtor's last known address as shown by the records of the mortgage servicer of the security instrument unless the debtor provided the current mortgage servicer a written change of address before the date the mortgage servicer mailed a notice required by Section 51.002.

(3)"Mortgage servicer" means the last person to whom a mortgagor has been instructed by the current mortgagee to send payments for the debt secured by a security instrument. A mortgagee may be the mortgage servicer.

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Legislative history

Acts 2007, 80th Leg., R.S., Ch. 903 (H.B. 2738), Sec. 1, eff. June 15, 2007. Acts 2025, 89th Leg., R.S., Ch. 38 (S.B. 372), Sec. 1, eff. May 19, 2025.