Texas Statutes
Subchapter B. Broker's Lien
Section 62.025. Contents of Notice of Lien

Sec. 62.025. CONTENTS OF NOTICE OF LIEN. The notice of lien must be signed by the broker or by a person authorized to sign on behalf of the broker and must contain the following:
(1) a sworn statement of the nature and amount of the claim, including:
(A) the commission amount or the formula used to determine the commission;
(B) the type of commission at issue, including a deferred commission; and
(C) the month and year in which the commission was earned;
(2) the name of the broker and the real estate license number of the broker;
(3) the name as reflected in the broker's records of any person who the broker believes is obligated to pay the commission under the commission agreement;
(4) the name as reflected in the broker's records of any person the broker believes to be an owner of the commercial real estate interest on which the lien is claimed;
(5) a description legally sufficient for identification of the commercial real estate interest sought to be charged with the lien;
(6) the name of any cooperating broker or principal in the transaction with whom the broker intends to share the commission and the dollar or percentage amount to be shared; and
(7) a copy of the commission agreement on which the lien is based.
Added by Acts 1999, 76th Leg., ch. 1571, Sec. 1, eff. Aug. 30, 1999.

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