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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) A provision of a partition or exchange agreement made under this subchapter is void with respect to the rights of a preexisting creditor whose rights are intended to be defrauded by it.
(b) A partition or exchange agreement made under this subchapter may be recorded in the deed records of the county in which a party resides and in the county in which the real property affected is located. An agreement made under this subchapter is constructive notice to a good faith purchaser for value or a creditor without actual notice only if the instrument is acknowledged and recorded in the county in which the real property is located.
Cite this article: FindLaw.com - Texas Family Code - FAM § 4.106. Rights of Creditors and Recordation Under Partition or Exchange Agreement - last updated January 01, 2024 | https://codes.findlaw.com/tx/family-code/fam-sect-4-106/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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