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Heirs must coordinate maintenance of the property and payment of taxes or debts to avoid foreclosure. TEXAS : Adopted in 2019, Senate Bill 1943 (S. Why Heirs’ Property is a Problem for Racial Equity and Generational Wealth Heirs’ property is one of the most unstable forms of property ownership for individuals and families.
While two of the many significant administrative reforms needed to implement comprehensive GSE reform were undertaken in 2019-20,[[Specifically, (1) allowing them to build capital and (2) establishing a post-conservatorship regulatory minimum capital requirement. These are discussed further below.]] there has been no progress since.
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