§ 124.151 Prepayment Privilege
§ 124.152 Conditions for Prepayment of Loan Secured by Real Property
§ 124.153 Penalty for Late Payment

Terms Used In Texas Finance Code Chapter 124 > Subchapter D - Loan Payments

  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Ex officio: Literally, by virtue of one's office.
  • Joint resolution: A legislative measure which requires the approval of both chambers.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Population: means the population shown by the most recent federal decennial census. See Texas Government Code 311.005
  • Presiding officer: A majority-party Senator who presides over the Senate and is charged with maintaining order and decorum, recognizing Members to speak, and interpreting the Senate's rules, practices and precedents.
  • Property: means real and personal property. See Texas Government Code 311.005
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.