Millstone Investment & Management, L.L.C. v. BNC Retax, L.L.C.

OPINION

JOHN DONOVAN, Justice.

In a single issue, Millstone Investment & Management, L.L.C. contends the trial court erred by denying Millstone’s motion for summary judgment and granting BNC Retax, L.L.C.’s cross-motion for summary judgment. We affirm.

I. Background

In 2002, TTSF, L.P. # 2 owned an apartment complex (“the Property”) and granted a lender a deed of trust on the Property to secure a promissory note. In 2006, TTSF was delinquent on taxes from the 2005 tax year owed to Alief Independent School District (“AISD”) and Harris County. 1 Pursuant to the Tax Code, on January 1 of each year,…