§ 18-48-804. Waiver of right to a lien -- Action by principal broker

AR Code § 18-48-804 (2018) (N/A)
Copy with citation
Copy as parenthetical citation

(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.