(a) A lien on property may be created by a contract and enforced under this subtitle if:
(1) The contract expressly provides for the creation of a lien; and
(2) The contract expressly describes:
(i) The party entitled to establish and enforce the lien; and
(ii) The property against which the lien may be imposed.
(b) A lien may only secure the payment of:
(1) Damages;
(2) Costs of collection;
(3) Late charges permitted by law; and
(4) Attorney’s fees provided for in a contract or awarded by a court for breach of a contract.
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