Requirements

What needs to be in place before we accept appointment

These requirements keep the sale neutral and fast, and make the deed easy for a title company to insure.

Receiver qualifications

Under Tex. Civ. Prac. & Rem. Code §64.021, the receiver must be the following. Kasey Jorgenson meets each one and signs a Receiver's Affidavit of Qualifications to file with the proposed order.

  • A Texas citizen and a registered Texas voter.
  • A Texas resident throughout the receivership.
  • Not a party, an attorney, or an interested person in the case.

The property

  • It is in Texas.
  • It is vacant at appointment, or the order sets a firm vacate date and delivers possession to the receiver that day.
  • There is enough equity to cover liens, closing costs, commissions, and fees, or the parties have a written plan for any shortfall.
  • Any tenant or lease is disclosed at intake.

The order

Counsel drafts the order. It needs to include our required provisions and:

  • Set the bond amount. A modest bond keeps the premium low for both parties.
  • Order a cost deposit for expenses that come due before closing.
  • Direct our fees to the designated payee shown on our invoice.

How we work

  • A conflict check is cleared before appointment.
  • All communication runs through both counsel jointly, in writing.
  • No ex parte communication with the Court.

What we don't do

  • Remove occupants, pursue evictions, or enforce vacate dates. That stays with the parties and the Court.
  • Take direction from either party alone.
  • Give legal advice to anyone.

Ready to put the house in neutral hands?

Send the case details and a draft order. We respond within one business day.