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Section 18-48-804 - Waiver of right to a lien - Action by principal broker — Arkansas Law | CourtGPT
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  4. Title 18 - Property (§§ 18-1-101 — 18-61-106)/
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  6. Chapter 48 - Miscellaneous Liens on Personal Property Sub/
  7. Subchapter 8 - Principal Broker Real Estate Lien Act/
  8. Section 18-48-804 - Waiver of right to a lien - Action by principal broker
Arkansas Legal Code

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

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(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.Acts 2005, No. 1944, § 1; 2011, No. 340, § 1.