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Old 04-28-2006, 04:38 PM
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I need to foreclose on a joint tenancy

What is the name of your state? Texas

Someone put up a 25% undivided interest in commercially zoned property for some work (unrelated to the property). Now he has defaulted and I want to foreclose on the property but I can't figure out how to do it. Can you point me in the right direction? I found out how to foreclose in general, just not on an undivided interest.What is the name of your state?
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Old 04-28-2006, 04:40 PM
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Location: St. Odo of Cluny Parish
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Quote:
Originally Posted by sally atticum
What is the name of your state? Texas

Someone put up a 25% undivided interest in commercially zoned property for some work (unrelated to the property). Now he has defaulted and I want to foreclose on the property but I can't figure out how to do it. Can you point me in the right direction? I found out how to foreclose in general, just not on an undivided interest.What is the name of your state?
You are very confused. What you are describing is NOT a joint tenancy.

In any event, hire a real estate lawyer. You will also need a foreclosure report from a title insurance company who does business in the county where the land is located.
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