58-30a05. When lien attaches.
58-30a05
58-30a05. When lien attaches.A broker's lien attaches to the commercial real estate when:
(a) The broker procures a person or entity ready, willing and able topurchase, lease orotherwise accept a conveyance of such real estate upon the terms set forth inthewrittenagreement with the owner or terms otherwise acceptable to the owner or owner'sagent,or the broker is entitled to a fee or commission pursuant to a writtenagreementsigned by theowner or the owner's agent; and
(b) the broker records a notice of the lien in the office of the register ofdeeds of thecounty in which the commercial real estate is located so long as such lienis filed prior to the actual conveyance or transfer of the commercial realestate subject tosuch broker's lien.
History: L. 2005, ch. 179, § 5; July 1.