§ 14-302. Broker's liens
West's Annotated Code of MarylandReal Property
MD Code, Real Property, § 14-302
§ 14-302. Broker's liens
(a) If a broker is not paid a commission according to the terms of a commercial leasing brokerage agreement, the broker shall be entitled to a lien under this subtitle for the unpaid portion of the commission.
(b)(1) A broker's lien established under this subtitle shall:
(ii) Be subordinate to a mechanics' lien established under Title 9 of this article, and perfected subsequent to the broker's lien if the mechanics' lien relates back to a date when work was performed or materials were furnished and that date is prior to the issuance of an interlocutory order or the final order of the court under § 14-305 of this subtitle;
(iii) Be subordinate to all liens perfected prior to the issuance of an interlocutory order or the final order of the court under § 14-305 of this subtitle, notwithstanding that the holder of a prior perfected lien had knowledge of the broker's unfiled commission claim at the time of perfection; and
Credits
Added by Acts 1994, c. 516, § 1, eff. Oct. 1, 1994.
MD Code, Real Property, § 14-302, MD REAL PROP § 14-302
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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