Effective – 28 Aug 1993 429.600. Law, how cited. — Sections 429.600 to 429.630 may be known and be cited as the “Commercial Real Estate Brokers’ and State Certified Real Estate Appraisers’ Lien Act”. ——– (L. 1993 S.B. 18 § 1 subsec. 1)
Effective – 28 Aug 2007 429.603. Definitions. — As used in sections 429.600 to 429.630, the following terms mean: (1) “Commercial real estate”, any real estate other than real estate containing one to four residential units or real estate classified as agricultural and horticultural property for assessment purposes as provided by section 137.016. Commercial real […]
Effective – 28 Aug 1993 429.605. Broker’s lien for compensation for services, requirements. — 1. Any real estate broker who is not acting as a real estate salesperson for another real estate broker shall have a lien on commercial real estate or an interest in such commercial real estate in the amount of the compensation […]
Effective – 28 Aug 1993 429.607. Lien notice, content. — A lien notice, for purposes of sections 429.600 to 429.627, shall state the name of the claimant, the name of the owner, a description of the property upon which the lien is being claimed, the amount for which the lien is claimed, and the real […]
Effective – 28 Aug 2009 429.609. Broker’s lien attaches to commercial real estate when, notice to be filed in office of recorder, when — installment payments of compensation, notice recorded when — lease, claim for lien filed when. — A real estate broker’s lien authorized by sections 429.600 to 429.627 attaches to the commercial real […]
Effective – 28 Aug 1993 429.611. Lien claim release or satisfaction to be filed when. — If a claim for a lien has been filed with the county recorder of deeds and a condition occurs that would preclude the broker from receiving compensation under the terms of the real estate broker’s written agreement, the real […]
Effective – 28 Aug 1993 429.614. Broker to mail copy of notice of lien to owner by certified mail. — Any real estate broker who attaches a lien on commercial property pursuant to the provisions of sections 429.600 to 429.627 shall mail a copy of the notice of the lien to the owner of the […]
Effective – 28 Aug 1993 429.616. Enforcing lien, broker may bring suit, filed where, time limitation on filing — failure to file on time extinguishes lien — claim for same extinguished lien not permitted. — A real estate broker may bring suit to enforce a lien which attaches pursuant to the provisions of sections 429.600 […]
Effective – 28 Aug 1993 429.618. Petition, content, parties’ foreclosure action, procedure — liens having priority over broker’s lien. — 1. A petition filed pursuant to the provisions of this section and section 429.616 shall contain a statement of the terms of the contract or agreement on which the lien is based, the date when […]
Effective – 28 Aug 1993 429.620. Broker failing to file suit or answer in pending suit within thirty days after service on owner, lien is extinguished, service of demand, procedure. — If a broker claiming a lien pursuant to sections 429.600 to 429.627 fails to file a suit to enforce the lien or fails to […]
Effective – 28 Aug 1993 429.623. Satisfaction or release of lien by broker on written demand of owner within thirty days of demand. — If a claim for lien has been filed pursuant to the provisions of sections 429.600 to 429.627 with the county recorder of deeds and such claim has been paid in full […]
Effective – 28 Aug 1993 429.625. Cost of proceeding to be paid by nonprevailing party — more than one nonprevailing party, apportionment by court. — The costs of any proceeding brought to enforce a lien filed pursuant to sections 429.600 to 429.627, including reasonable attorney’s fees and prejudgment interest due to the prevailing party, shall […]
Effective – 28 Aug 1993 429.627. Lien preventing closing, escrow account to be established with clerk of circuit court — funds in account held until parties’ rights determined — release of broker’s lien when. — Unless an alternative procedure is available and is acceptable to the transferee in a real estate transaction, if a claim […]
Effective – 28 Aug 1993 429.629. Appraisers and title examination service on commercial real estate to provide lien for services completed. — Upon complying with the provisions of chapter 429*, any state certified real estate appraiser who performs any appraisal or appraisal service or title examination services for the owner, proprietor, or the agent, trustee, […]
Effective – 28 Aug 1993 429.630. Brokers, appraisers and title examination service at time of closing to give written notice of right to lien on premises — failure to furnish notice, effect. — Any real estate broker who proposes to assert a lien pursuant to sections 429.600 to 429.627 or any certified real estate appraiser […]
