Tex. Prop. Code Section 64.054
Enforcement by Notice to Assignor

(a)

After default, or as otherwise agreed by the assignor, the assignee may give the assignor a notice demanding that the assignor pay the assignee the proceeds of any rents that the assignee is entitled to collect under Section 64.053 (Enforcement of Security Interest in Rents Generally).

(b)

For the purposes of Section 64.053 (Enforcement of Security Interest in Rents Generally), the assignee begins enforcement under this section on the date on which the assignee gives notice to the assignor in accordance with Section 64.002 (Manner of Giving Notice).

(c)

An assignee may not enforce an assignment of rents under this section if, on the date the security instrument was signed and the date of prospective enforcement, the real property constitutes the assignor’s homestead on which is located a one-family to four-family dwelling.
Added by Acts 2011, 82nd Leg., R.S., Ch. 636 (S.B. 889), Sec. 2, eff. June 17, 2011.
Amended by:
Acts 2013, 83rd Leg., R.S., Ch. 453 (S.B. 848), Sec. 6, eff. June 14, 2013.

Source: Section 64.054 — Enforcement by Notice to Assignor, https://statutes.­capitol.­texas.­gov/Docs/PR/htm/PR.­64.­htm#64.­054 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 64.054’s source at texas​.gov