Rosewood Properties, Inc. v. Community Credit Union

*47OPINION

McCLOUD, Senior Justice (Retired).

Rosewood Properties, Inc. sued Community Credit Union and its assignees (AGF Pit-man, Ltd. and Tower Spur I, Ltd.), claiming ad valorem tax liens on certain land and buildings. Rosewood owned 50 percent of the property, but it paid 100 percent of the ad valorem taxes owed for 1986 and 1987. The defendants argued that the tax liens were extinguished when Rosewood paid the ad valorem taxes because Rosewood was jointly and severally liable for the taxes, that Rosewood failed to utilize the remedy provided by Tex.Prop.Tax Code Ann. § 33.46 (Vernon 1992),…