As many as 1 in 5 families who recently bought land on which to build their homes may have bought using an unrecorded “contract for deed”— one that does not confer formal title to their properties, according to a major report on the titling practices in Texas colonias and other informal settlements released today by researchers at The University of Texas School of Law and Lyndon B. Johnson School of Public Affairs.
LBJ School of Public Affairs and William Wayne Justice Center collaborate on ‘Contract for Deed’ Study in Colonias
The Lyndon B. Johnson School of Public Affairs and the William Wayne Justice Center for Public Interest Law at The University of Texas at Austin will undertake a major study for the state of Texas on the use of contracts for deed, land agreements that often exploit residents of Texas colonias.
Peter Ward, the C.B. Smith Sr. Centennial Chair in U.S.-Mexico Relations and professor at the Lyndon B. Johnson School of Public Affairs at The University of Texas at Austin, has been awarded a $100,000 grant from the Ford Foundation for research on sustainable housing policy and policy development for self-help in the Texas colonias, residential… » Continue Reading