Order Authorizing Deposit of Excess Proceeds from Foreclosure Sale into the Registry of the Court Pursuant to Texas Tax Code Section 34.021
On [date], the Court considered the Motion to Deposit Excess Proceeds from Foreclosure Sale into the Registry of the Court Pursuant to Texas Tax Code Section 34.021 filed by [name of tax lien transferee], Petitioner.
The Court finds that:
1.The excess proceeds realized by Petitioner from the nonjudicial foreclosure sale held on [date] at approximately [time] on the real property located at [address] are $[amount of excess proceeds].
2.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.
IT IS THEREFORE ORDERED that the registry of the Court shall accept for deposit the total amount of $[amount of excess proceeds] as excess proceeds from Petitioner from the nonjudicial foreclosure sale of the property described in the above-styled cause.
SIGNED on ________________.
JUDGE PRESIDING