SECTION 175.16. Payment in Full

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(a) When an account is paid in full the board will draft a deed conveying the land to the original veteran-purchaser or the last approved assignee. If a deed is executed to someone other than the legal owner, the deed and the rights thereto shall inure to the benefit of the legal owner. A fee must be paid to the board for issuance of the deed.
(b) The board will accept a cashier's check, certified check, personal check, money order or cash as final payment.
(c) The board will furnish a final statement to the contract holder at any time upon request.

Source Note: The provisions of this §175.16 adopted to be effective March 11, 1986, 11 TexReg 1005; amended to be effective August 12, 2001, 26 TexReg 5838

                    
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