Commercial Real Estate Sales Commission Lien Act. If the Property is commercial real estate as defined by 318 Section 475.701, Florida Statutes, the following disclosure will apply: The Florida Commercial Real Estate Sales 319 Commission Lien Act provides that when a broker has earned a commission by performing licensed services 320 under a brokerage agreement with you, the broker may claim a lien against your net sales proceeds for the 321 broker’s commission. The broker’s lien rights under the act cannot be waived before the commission is earned.
Commercial Real Estate Sales Commission Lien Act. The Florida Commercial Real Estate Sales Commission Lien Act provides that a broker has a lien upon the owner's net proceeds from the sale of commercial real estate for any commission earned by the broker under a brokerage agreement. The lien upon the owner's net Buyer (___) (___) and Seller (___) (___) acknowledge receipt of a copy of this page, which is Page 5 of 8 Pages. proceeds is a lien upon personal property which attaches to the owner's net proceeds and does not attach to any interest in real property. This lien right cannot be waived before the commission is earned.
Commercial Real Estate Sales Commission Lien Act. The Florida Commercial Real Estate Sales Commission Lien Act provides that a broker has a lien upon any Seller's net proceeds from the sale of commercial real estate for any commission earned by the broker under a brokerage agreement. The lien upon any Seller's net proceeds is a lien upon personal property which attaches to such Seller's net proceeds and does not attach to any interest in the Property. This lien right cannot be waived before the commission is earned.
