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Commercial Foreclosure and Repossession in Texas

Learn the necessary procedures and avoid liability when dealing with commercial foreclosures and repossessions in Texas.

Important distinctions between the commercial and residential foreclosure process will also be highlighted in this topic. Further, this topic assists people responsible for foreclosures by providing practical information and advice regarding both basic and advanced topics. You will also learn the method for obtaining possession of the real property after a successful foreclosure sale and other post-sale considerations. Finally, this topic will discuss the process of foreclosure of personal property.

Runtime: 60 minutes
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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Document Review and Drafting Foreclosure Documents

  • Original Promissory Note
  • The Security Agreement, Deed of Trust, or Loan Agreement
  • Ancillary or Supplemental Documents
  • Drafting Foreclosure Documents

Conducting the Sale and Obtaining Possession

  • Cash Bidding
  • Reasonable Conditions for Conducting the Sale
  • Postponing/Stopping Foreclosure Sale in Progress
  • Condition of Title Conveyed by Trustee
  • Drafting Post-Sale Documents
  • Post-Sale Considerations

Personal Property Foreclosure

  • Document Review
  • Repossession and Disposition
  • Obtain Possession Without Judicial Process
  • Commercially Reasonable Disposition
  • Acceptance of Collateral in Satisfaction
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More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Webinar

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Audio & Reference Manual

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

M. Suzanne Frossard

M. Suzanne Frossard

M. Suzanne Frossard, P.C.

  • Owner of M. Suzanne Frossard, P.C.
  • Practice emphasizes Secured Creditor Representation, Real Estate Closings and Land Law Services
  • Author of several publications related to the areas of real estate closings
  • J.D. degree, Southern Methodist University, School of Law; B.A. degree, University of Notre Dame
  • Admitted to State Bar of Texas; U.S. District Court, Northern, Southern, Eastern and Western Districts of Texas
  • Can be contacted at [email protected] or 817-924-3211
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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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Product ID: 397385
Published 2016
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