{"data":{"id":"us-tx/tex.-property-code-62.081","jurisdiction":"us-tx","citation":"Tex. Property Code § 62.081","heading":"RELEASE OF LIEN.","body":"(a) Not later than the fifth day after the date a broker receives a written request from the owner of a commercial real estate interest on which a lien is claimed, the broker shall furnish to the owner a release of indebtedness and any lien claimed if:\n(1) the debt that is the basis for the lien is satisfied; or\n(2) the lien is discharged under Section 62.022, rendered void under Section 62.026 or 62.062, or extinguished under Section 62.031.\n(b) When a condition occurs that would preclude the broker from receiving a commission under the terms of the commission agreement that is the basis for the lien, the broker shall, not later than the 10th day after the date the broker receives a written request from the owner of the commercial real estate interest on which the lien is claimed, furnish to the owner a release of indebtedness and any lien claimed.\n(c) Not later than the 10th day after the date a broker receives a written request for the release of the broker's lien from the escrow agent responsible for closing the purchase and sale of a commercial real estate interest on which the lien is claimed, the broker shall furnish to the escrow agent a release of indebtedness and any lien claimed if:\n(1) the commercial real estate interest to which the lien attaches is subject to a contract for purchase and sale;\n(2) the release of indebtedness and any lien claimed is conditioned on the closing of the transaction; and\n(3) the broker would otherwise be obligated to release the indebtedness and any lien claimed under Subsection (a) or (b) on the closing of the transaction.\n(d) A release of lien must be in a form that permits the instrument to be filed of record.\nAdded by Acts 1999, 76th Leg., ch. 1571, Sec. 1, eff. Aug. 30, 1999.","path":["PROPERTY CODE","TITLE 5. EXEMPT PROPERTY AND LIENS","SUBTITLE B. LIENS","CHAPTER 62. BROKER'S AND APPRAISER'S LIEN ON COMMERCIAL REAL ESTATE","SUBCHAPTER E. RELEASE OF LIEN"],"source_url":"https://statutes.capitol.texas.gov/Docs/PR/htm/PR.62.htm#62.081","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:37Z","sha256":"871e4670d707f59bb30334922607ae848f9da16d283be0eff9ab936c86b2068b","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-property-code-62.063","next":"us-tx/tex.-property-code-62.101"},"notice":"GroundRules: Original legal text. Not legal advice."}
