Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 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. 8/30/1999.