Tex. Fin. Code § 343.108 · Subchapter B. PROVISIONS RELATING TO HOME LOANS IN GENERAL
RELEASE OF LIEN AFTER PAYOFF BY MORTGAGOR.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) In this section:
(1) "Mortgage servicer," "mortgagee," and "mortgagor" have the meanings assigned by Section 51.0001, Property Code.
(2) "Release of lien" means a release of a deed of trust or other lien securing a home loan.
(b) Except as provided by Subsection (c), not later than the 60th day after the date a mortgage servicer or mortgagee, as applicable, receives the correct payoff amount for a home loan from a mortgagor, the mortgage servicer or mortgagee shall:
(1) deliver to the mortgagor a release of lien for the home loan; or
(2) file the release of lien with the appropriate county clerk's office for recording in the real property records of the county.
(c) If, on or before the 20th day after the date of the payoff of the home loan, the mortgagor delivers a written request to the mortgagee or mortgage servicer for the release of lien to be delivered to the mortgagor or filed with the county clerk, the mortgagee or mortgage servicer shall deliver or file the release of lien not later than the 30th day after the date the mortgagee or mortgage servicer receives the written request from the mortgagor.
(d) Chapter 349 does not apply to this section.
(e) A mortgage servicer is required to comply with this section only if the mortgage servicer has the authority to deliver or file a release of lien for the home loan.
Notes and commentary — not statutory text
History
Added by Acts 2023, 88th Leg., R.S., Ch. 303 (H.B. 219), Sec. 1, eff. September 1, 2023.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.343.htm
- Text hash
- sha256 d414b6c0f930dce44cc0671775756f188b43179c06cd5bf8e9bd387a7f189baf
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
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Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.