Which maturity and extension facts govern a Texas real-property lien suit?

Identify the subsection (g) lien and secured note or written obligation.

Establish actual accrual and the subsection (e) maturity date for a series or installment obligation, including any acceleration or rescission.

Obtain signed, acknowledged and recorded extension agreements and assess third-party notice and suspension conditions.

1. Identify the subsection (g) lien and secured note or written obligation.
2. Government Code 311.005(12) defines a year as twelve consecutive months. Section 311.014 supplies statutory computation. Select the actual statutory branch and establish every required event before applying a year count. Determine the actual operative maturity and accrual first. Section 16.036 can preserve the lien for four years after extended maturity when its recording requirements are met.
3. The single accrual-date preset cannot establish effective maturity, acceleration, rescission, recorded extensions or protected third-party interests.

Section 16.072 extends its statutory suit-filing period when the last day is a Saturday, Sunday or holiday to the next day county offices are open for business. Establish the actual county calendar. This guide does not determine a court filing hour or automatically apply that treatment to another act.

The single accrual-date preset cannot establish effective maturity, acceleration, rescission, recorded extensions or protected third-party interests.

Last note or installment

Section 16.035(e) states that the period for its series or installment obligation does not begin until maturity of the last note, obligation or installment. Acceleration and rescission must be assessed separately.

Recorded extension and third parties

Section 16.036 requires the actual signed, acknowledged and county-recorded extension agreement for its four years after extended maturity. Section 16.037 protects specified third parties without actual notice before acknowledgment, filing and recording.

Third-party notice

Section 16.037 makes its extension ineffective against specified third parties dealing without actual notice before acknowledgment, filing and recording.

Acceleration and rescission

Section 16.038 addresses a timely rescission or waiver of accelerated maturity through its stated notice and service method. Subsection (e) preserves other methods and subsequent accrual. A demand date alone does not establish effective acceleration or rescission.

Protected interests and expiration

Subsections (c) and (d) separately address suspension against the stated unaware third parties and voidness of the lien and power on expiration. Their exceptions must be read.

Separate commercial-code period

Subsection (f) says Business and Commerce Code 3.118 does not affect this section’s limitation. This page does not determine a separate note claim.

• This statutory-text review does not decide disputed facts, accrual, title, retrospective application or a court holding.

• Identify the subsection (g) lien and secured note or written obligation.
• Establish actual accrual and the subsection (e) maturity date for a series or installment obligation, including any acceleration or rescission.
• Obtain signed, acknowledged and recorded extension agreements and assess third-party notice and suspension conditions.
• Section 16.035(e) states that the period for its series or installment obligation does not begin until maturity of the last note, obligation or installment. Acceleration and rescission must be assessed separately.
• Section 16.036 requires the actual signed, acknowledged and county-recorded extension agreement for its four years after extended maturity. Section 16.037 protects specified third parties without actual notice before acknowledgment, filing and recording.
• Section 16.037 makes its extension ineffective against specified third parties dealing without actual notice before acknowledgment, filing and recording.
• Section 16.038 addresses a timely rescission or waiver of accelerated maturity through its stated notice and service method. Subsection (e) preserves other methods and subsequent accrual. A demand date alone does not establish effective acceleration or rescission.
• Subsections (c) and (d) separately address suspension against the stated unaware third parties and voidness of the lien and power on expiration. Their exceptions must be read.
• Subsection (f) says Business and Commerce Code 3.118 does not affect this section’s limitation. This page does not determine a separate note claim.
• Preserve evidence of the act the statute actually requires. If suit is required, establish the proper court, filing method and applicable instructions. If recording or notice is required, establish its separate recipient and completion requirements. This guide supplies no unverified filing cutoff.