Laster v. First Huntsville Properties Co.

826 S.W.2d 125 (1991)

Melissa L. LASTER, Petitioner,

v.

FIRST HUNTSVILLE PROPERTIES COMPANY, Respondent.

No. D-0537.

Supreme Court of Texas.

December 11, 1991.

Rehearing Overruled April 22, 1992.

John E. Wright, Huntsville, for petitioner.

E.M. Schulze, Jr., Huntsville, for respondent.

OPINION

COOK, Justice.

This case presents the question whether one ex-spouse who, pursuant to a consent decree of divorce, holds a future interest in property subject to the homestead right of the other ex-spouse, can mortgage that interest. We hold that such an interest can be validly mortgaged. For the following reasons,…