BW Village, Ltd. v. Tricon Enterprises, Inc.

OPINION

ROBERT E. MORSE, Jr., Justice,

Sitting by Designation.

This is an appeal of a summary judgment granted to a former owner of an 11.562-acre tract of land, Tricon Enterprises, Inc. (“Tricon”), against whom delinquent ad valorem taxes had accrued against the land that was held subject to a non-recourse note and deed of trust. Summary judgment was denied to the mortgagee/vendor’s lien-holder, BW Village, Ltd. (“BW Village”), who sought to enforce a personal judgment obtained by assignment from the taxing authorities. We reverse and render.

Five years after obtaining title to the tract of land…