(a) A broker’s lien established under this subtitle may be enforced to the same extent as a judgment under the Maryland Rules, including a judicial sale of the lien property to satisfy the amount of the broker’s lien.
(b) (1) The right to enforce any broker’s lien under this subtitle expires at the end of 1 year from the day on which the petition to establish the broker’s lien was first filed.
(2) During the 1-year period the claimant may file a petition in the broker’s lien proceedings to enforce the lien or to execute on any bond given to obtain a release of the lien property from the broker’s lien.
(3) If a petition to enforce the lien is filed within the 1-year period, the right to a broker’s lien or the broker’s lien, or any bond given to obtain a release of the broker’s lien, shall remain in full force and effect until the conclusion of the enforcement proceedings and after the conclusion of the enforcement proceedings in accordance with the decree entered in the case.
Structure Maryland Statutes
Title 14 - Miscellaneous Rules
Subtitle 3 - Commercial Real Estate Broker's Lien
Section 14-302 - Right to Lien; Priority; Exemptions; Notice of Lien
Section 14-303 - Scope of Lien
Section 14-304 - Establishment of Broker's Lien
Section 14-305 - Court Proceedings
Section 14-306 - Property Located in Other County
Section 14-307 - Judicial Sales
Section 14-309 - Other Rights Not Abridged
Section 14-310 - Construction of Subtitle; Amendments to Proceedings