Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 62.002 - Applicability(a) This chapter applies only to real estate that is commercial real estate on the date the notice of lien is filed under this chapter.(b) This chapter does not apply to: (1) a transaction involving a claim for a commission of $2,500 or less in the aggregate; or(2) a transaction for the sale of commercial real estate involving a claim for a commission of $5,000 or less in the aggregate if the commercial real estate:(A) is the principal place of business of the record title owner;(B) is occupied by more than one and fewer than five tenants; and(C) is improved with 7,500 square feet or less of total gross building area.Added by Acts 1999, 76th Leg., ch. 1571, Sec. 1, eff. 8/30/1999.