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Revised Code of Washington Chapter 60.42 — Commercial Real Estate Broker Lien Act

Washington · statute · Wash. Rev. Code ch. 60.42 · 10 active provisions

10 active provisions.

Wash. Rev. Code § 60.42.010

Lien upon personal property—Effective date—Notice of claim of lien—Waiver of lien rights—Court costs, attorneys' fees, and statutory interest

(1) The lien created under this chapter is a lien upon personal property, not upon real property.(2) A broker has a lien upon the owner's net proceeds from the disposition of commercial real estate and a lien upon the net rental proceeds from the lease of commercial real estate in the amount which the owner has agreed…

WashingtonCommercial Real Estate Broker Lien Acteffective
Wash. Rev. Code § 60.42.050

Deposit made pending resolution of amounts due—Recording of receipt—Release of notice of claim of lien

A notice of claim of lien against proceeds recorded under this chapter must be released without further act, upon the recording of a receipt showing the deposit with the superior court of the county in which the commercial real estate, or some part thereof, is located, of an amount equal to one and one-quarter times th…

WashingtonCommercial Real Estate Broker Lien Acteffective