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Current as of March 28, 2024 | Updated by Findlaw Staff
(a) A principal broker may waive his or her right to a lien under this subchapter in the representation agreement.
(b) If a court finds that payment is due to the principal broker in an action to recover amounts due under a representation agreement in which the principal broker has waived his or her right to a lien, the court shall award actual damages, a reasonable attorney's fee, and expenses.
Cite this article: FindLaw.com - Arkansas Code Title 18. Property § 18-48-804. Waiver of right to a lien--Action by principal broker - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-18-property/ar-code-sect-18-48-804/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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