Texas § ES.355.159 - MANNER OF FORECLOSURE
Full text of Texas The Texas Constitution § ES.355.159 — MANNER OF FORECLOSURE, with citation guidance and answers to common questions.
§ ES.355.159. MANNER OF FORECLOSURE
MANNER OF FORECLOSURE; MINIMUM PRICE. (a) When the court grants a claim holder the right of foreclosure at a hearing under Section 355.158 , the court shall authorize the claim holder to foreclose the claim holder's mortgage, lien, or security interest: (1) in accordance with the provisions of the document creating the mortgage, lien, or security interest; or (2) in any other manner allowed by law. (b) Based on the evidence presented at the hearing, the court may set a minimum price for the property to be sold by foreclosure that does not exceed the fair market value of the property. If the court sets a minimum price, the property may not be sold at the foreclosure sale for a lower price. Added by Acts 2009, 81st Leg., R.S., Ch. 680 (H.B. 2502 ), Sec. 1, eff. January 1, 2014.
Frequently Asked Questions About Texas § ES.355.159
What does The Texas Constitution § ES.355.159 cover?
Section ES.355.159 ("MANNER OF FORECLOSURE") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § ES.355.159?
A common citation format is "The Texas Constitution § ES.355.159" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § ES.355.159 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.