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Tex. Prop. Code § 53.024

LIMITATION ON SUBCONTRACTOR'S LIEN

Applied in 1 court decision — leading case Arias v. Brookstone, L.P. (2008)

Most recently applied in Arias v. Brookstone, L.P. (April 2008)

Acts 1983, 68th Leg., p. 3536, ch. 576, Sec. 1, eff

The amount of a lien claimed by a subcontractor may not exceed:

(1) an amount equal to the proportion of the total subcontract price that the sum of the labor performed, materials furnished, materials specially fabricated, reasonable overhead costs incurred, and proportionate profit margin bears to the total subcontract price; minus

(2) the sum of previous payments received by the claimant on the subcontract.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.