To: All Agents, Direct Operations and Attorneys in the State of Texas
From:
Shannon
J. Savage and David W. Rhodes
Date: March 1, 2000
Re: Insuring Title Derived from a Tax Sale
Previously, Old Republic would not insure title derived from a tax sale without the passage of three years from the date of filing for record of the tax foreclosure purchaser's deed.
Effective immediately, Old Republic will insure title derived from a tax sale so long as the period of time in which the owner may redeem the property has passed. Therefore, if the property was residence homestead or was designated for agricultural use when the suit to collect the tax was filed, Old Republic will insure title after the passage of two years from the date of filing for record of the tax foreclosure purchaser's deed. If the property was not residence homestead or designated as agricultural use when the suit to collect the tax was filed, Old Republic will insure title after the passage of six months from the date of filing for record of the tax foreclosure purchaser's deed