Texas Property Code 62.142 – Broker’s Remedies
Current as of: 2024 | Check for updates
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(a) A broker may file suit against an owner or tenant to enforce a commission agreement.
(b) If the court finds that the broker waived the right to file a lien under § 62.022 and that the owner or tenant violated the commission agreement, the court may award to the broker:
(1) actual damages, including attorney’s fees and court costs, that are proximately caused by the owner’s or tenant’s failure to comply with the commission agreement; and
(2) a civil penalty in an amount not to exceed three times the amount of the claimed commission if the court finds that the owner or tenant acted with gross negligence or in bad faith.
Terms Used In Texas Property Code 62.142
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Lien: A claim against real or personal property in satisfaction of a debt.