Broker Lien Laws

Broker Lien Laws

Today, 34 jurisdictions have some form of statute that specifies whether, how, and for what a broker may file a lien for the non-payment of a commission in connection with the sale or lease of commercial real estate. A few states simply give brokers the right to file liens under mechanics' lien statutes, but more than 30 have enacted broker-specific lien laws.

15 minute read June 01, 2015 at 12:21 PM

Elizabeth Cooper And David Hitchens

Have you ever had a closing held up due to a brokerage lien? Perhaps you are (or represent) a broker who has a brokerage agreement, but the landlord refuses to pay a commission, notwithstanding the fact that the tenant executed a lease for which the broker was the procuring cause.

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