Texas Property Code

§ 62.026 — NOTICE OF FILING

PR § 62.026Title 5. EXEMPT PROPERTY AND LIENS · Part B. LIENS · Ch. 62. BROKER'S AND APPRAISER'S LIEN ON COMMERCIAL REAL ESTATE · Art. B. BROKER'S LIEN

Statute text

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(a)In this section, "business day" means a day other than a Saturday, Sunday, or holiday recognized by this state.

(b)Not later than one business day after the date the broker files a notice of lien, the broker shall mail a copy of the notice of lien by certified mail, return receipt requested, or registered mail to:

(1)the owner of record of the commercial real estate interest on which the lien is claimed or the owner's authorized agent; and

(2)the prospective buyer or tenant and any escrow agent named in a contract for the sale or lease of the commercial real estate interest on which the lien is claimed if:

(A)a binding written contract for the sale or lease of the commercial real estate interest is in effect between the owner and the prospective buyer or tenant in a transaction that is the basis for the commission; and

(B)the binding written contract was executed by the owner and the prospective buyer or tenant before the date the notice of lien is filed.

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Legislative history

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