Motion to Deposit Excess Proceeds from Foreclosure Sale into the Registry of the Court Pursuant to Texas Tax Code Section 34.021
[Name of tax lien transferee], Petitioner, seeks an order to deposit excess proceeds from a foreclosure sale into the registry of the Court pursuant to Texas Tax Code section 34.021 and as grounds would show the following:
Petitioner has performed a nonjudicial foreclosure of its security interest (transferred tax lien) encumbering the real property located at [address] on [date] at approximately [time]. The excess proceeds realized by Petitioner from the sale are $[amount of excess proceeds]. Pursuant to the requirements set forth by section 34.021 of the Texas Tax Code, Petitioner is required to deposit said amount into the registry of the Court.
Petitioner requests the Court to enter the attached order authorizing the deposit of excess proceeds realized from the foreclosure sale into the registry of the Court pursuant to Texas Tax Code section 34.021.
Respectfully submitted,
[Name of attorney]
Attorney for Plaintiff
State Bar No.:
[Email address]
[Address]
[Telephone]
[Telecopier]