Broker precluded from receiving compensation; release or satisfaction of lien.

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58-30a12. Broker precluded from receiving compensation; release or satisfaction of lien.
If a claim for a lien has been filed with the register of deeds and a condition occurs that would preclude the broker from receiving compensation under the terms of the broker's written agreement, the broker shall record and provide the owner of record a written release or satisfaction of the lien.

History: L. 2005, ch. 179, § 12; July 1.


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