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Comment by projektfu

2 days ago

Even more bizarre, the $10 cash never changes hands.

Sounds like that sale should be null and voided at that point

  • Someone apparently thought that about a Texas option contract but the Texas Supreme Court disagreed and said the contract was still valid, endorsing the fiction.

    • Hmm, if I refuse to pay my car note, they repossess it. If you fail to pay taxes, the gov't places a lien on the property. Can the family that never received payment put a lien in place instead? That would prevent the $10million sale. That'd get someone's attention

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  • Would that mean the original owner gets it back? Would they have to pay property tax backlog retroactively? Might be huge..

    • I'd put any tax bill owed back to the city. They are the ones that cheated on the deal. Of course, I live in fantasy land with that kind of notion