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.
Tex. Prop. Code § 62.106
EXTINGUISHMENT OF LIEN UPON ESCROW
Known as the Broker's and Appraiser's Lien on Commercial Real Estate Act
The act spans §§ 62–62 (34 sections).
Added by Acts 1999, 76th Leg., ch. 1571, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.