Mississippi § 85-7-505 - Commercial real estate lien.
Full text of Mississippi Mississippi Code of 1972 Annotated § 85-7-505 — Commercial real estate lien., with citation guidance and answers to common questions.
§ 85-7-505. Commercial real estate lien.
A broker shall have a lien upon commercial real estate in the amount that the broker is due under a written agreement for broker services signed by the owner or signed by the owner’s duly authorized agent, if: The broker has performed under the provisions of the agreement; The written agreement for broker services clearly sets forth the broker’s duties to the owner; and The written agreement for broker services sets forth the conditions upon which the compensation shall be earned and the amount of the compensation. The lien under this section shall be available only to the broker named in the instrument signed by the owner or the owner’s duly authorized agent. A broker’s lien is not valid or enforceable against a grantee or purchaser of an interest in the commercial real estate conveyed by the person owing the compensation if the grantee or purchaser is taking the property without existing tenants or leases covered by a written agreement for broker services if the deed or instrument transferring the interest is recorded before the broker’s notice of lien is recorded.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 85-7-505
What does Mississippi Code of 1972 Annotated § 85-7-505 cover?
Section 85-7-505 ("Commercial real estate lien.") is part of the Mississippi Code of 1972 Annotated, the codified statutory law of Mississippi. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Mississippi § 85-7-505?
A common citation format is "Mississippi Code of 1972 Annotated § 85-7-505" (Mississippi). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Mississippi law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Mississippi official source linked on this page or consult a licensed Mississippi attorney.
How does Mississippi § 85-7-505 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Mississippi can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Mississippi.