Acquiring by purchase 385-457
Defining to acquiring
Contract of sale
Statute of frauds
Executory period issues
-Title examination
-Equitable conversion
Sellers disclosure
Other disclosure
New home warranties
Remedies for breach of sale
Closing and post closing 459-535
Deeds
Types of deeds
Quitclaim
Warranty & covenants of title
Coverage – covenants of title
Establishing a breach
Damages – breach of title
Execution, delivery, acceptance
Basic Finance
Intro – financing, notes, deeds
Foreclosure process
Default
Sale
Date, time, location
Mortgage substitutes
Installment of land
Contract for deed
Title assurance, priorities, + recording system 537-580
Intro
Recording system
Indexes
Types of recording acts
Race
Race-notice
Notice
Acts to resolve dispute
Problems with recording
Bonafide purchasers & good faith creditors
Other notice issues
Consideration issues
Acquiring by adverse possession 587 - 625
Intro
Policy Rationale
Elements
Actual possession
Adverse or hostile by claim of right
Exclusive possession
Open and notorious
Continuous
Elements – TX
Statuses
Acquiring by gift 627 - 635
Intro
Inter vivos
Donative intent
Delivery
Acceptance
Gift causa mortis
Protecting Property - Texas Homestead Laws 637 - 680
Intro/history
Establishment
Occupancy and Use
Undeveloped land
Homestead intent
For future interests
Change in designation
Problems
Legal consequences
Joinder of Spouses
Debt Protection
Impact of Death on Surviving spouse/minor
Abandonment