Anyone answer this to help me foil over litigous first lien holders?
I hear that you can only sue for non-compliance of the administrative requirements of the CFD (yearly accounting statemtent) if you are in an owner occupy situation. I would like to be able to use this as ammo in an ongoing negotiation but unfortunately cannot until this question is answered Where in the statutory law is it stated that you must be owner occupied to sue?
Here’s another one for you; failure to include a buyer who has completed an executory conveyance as a co-beneficiary on a hazard insurance policy is a violation of the Texas Fair Trade Practices Act, which carries similarly called for liquidated damages in the even of non-compliance, anyone know if a pre-requisit of violation is an owner-occupied property, or must you only be the buyer in the transaction? P.S. please cite Texas Property Code.