Sec. 62.106. EXTINGUISHMENT OF LIEN UPON ESCROW  


Latest version.
  • When the escrow account is established under this subchapter, the broker's lien against the commercial real estate is extinguished and becomes a lien on the proceeds in the escrow account.

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