{"data":{"id":"us-tx/tex.-property-code-62.104","jurisdiction":"us-tx","citation":"Tex. Property Code § 62.104","heading":"REFUSAL TO ESTABLISH ESCROW ACCOUNT OR BOND.","body":"(a) A party may not refuse to close a transaction because of the requirement to establish an escrow account or bond as provided by Section 62.101 if:\n(1) the broker provides a copy of the notice of lien that complies with Sections 62.025 and 62.026;\n(2) sufficient proceeds will result from the proposed transaction for the payment of the commission and costs of the interpleader; and\n(3) the broker executes and delivers a full release of the broker's lien in a recordable form.\n(b) A prospective buyer of a commercial real estate interest may not refuse to close the purchase solely because a broker's lien is filed after the date a title commitment or abstract of title relating to the interest is issued if an escrow account is established as provided by this subchapter or a bond is filed as provided by Subchapter G.\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 F. ESCROW OF DISPUTED AMOUNTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/PR/htm/PR.62.htm#62.104","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:37Z","sha256":"1b4d3b665482a4aedd5b592725ed80da8543945dd76e10e9b2b0b4a24e2c81cf","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-property-code-62.103","next":"us-tx/tex.-property-code-62.105"},"notice":"GroundRules: Original legal text. Not legal advice."}