447-A:1 Definitions. – In this chapter: I. " Commercial real estate " means any real estate other than real estate containing one to 4 residential units. II. " Principal broker " means the individual broker, including the broker designated by a corporation, partnership or association, whom the New Hampshire real estate commission holds responsible […]
447-A:2 Principal Broker’s Lien. – If a principal broker is entitled to a fee, commission, or property management fee pursuant to a written contract signed by the owner, buyer, or tenant of commercial real estate, or the owner’s, buyer’s, or tenant’s duly authorized agent, pertaining to the sale or lease of said commercial real […]
447-A:3 How Secured. – Any principal broker’s notice of lien shall be recorded at the registry of deeds in the county where the property is located. In the case of a sale, where the principal broker claims a fee or commission against the seller, the notice of lien shall be recorded prior to the […]
447-A:4 Attachment. – The notice of lien under this chapter shall attach to the commercial real estate or any interest in the commercial real estate upon: I. The principal broker being otherwise entitled to a fee or commission under a written instrument signed by the duly authorized owner, buyer, tenant or his or her […]
447-A:5 Priority. – Notwithstanding any other provision of law, no principal broker’s lien shall be valid until the date of its recording in the registry of deeds in which the real estate against the lien is sought is located, even if the right to such lien arose prior to the date of such recording. […]
447-A:6 Escrow of Disputed Amounts. – I. Whenever a notice of lien securing a principal broker’s lien has been filed with the registry of deeds, an escrow account may be established from the proceeds of the sale of the commercial real estate in an amount equal to the amount of the notice of lien. […]
447-A:7 Discharge of Lien. – I. Except as provided in RSA 447-A:6, when the lien of a principal broker is satisfied, the principal broker shall cause a discharge of the lien to be recorded within 10 days after such lien is satisfied in the registry of deeds of the county in which the commercial […]
