Texas Property Code

§ 62.002 — APPLICABILITY

PR § 62.002Title 5. EXEMPT PROPERTY AND LIENS · Part B. LIENS · Ch. 62. BROKER'S AND APPRAISER'S LIEN ON COMMERCIAL REAL ESTATE · Art. A. GENERAL PROVISIONS

Statute text

View on source

(a)This chapter applies only to real estate that is commercial real estate on the date the notice of lien is filed under this chapter.

(b)This chapter does not apply to:

(1)a transaction involving a claim for a commission of $2,500 or less in the aggregate; or

(2)a transaction for the sale of commercial real estate involving a claim for a commission of $5,000 or less in the aggregate if the commercial real estate:

(A)is the principal place of business of the record title owner;

(B)is occupied by more than one and fewer than five tenants; and

…

Legislative history

Added by Acts 1999, 76th Leg., ch. 1571, Sec. 1, eff. Aug. 30, 1999.