Texas § PR.62.062 - STATUTE OF LIMITATIONS
Full text of Texas The Texas Constitution § PR.62.062 — STATUTE OF LIMITATIONS, with citation guidance and answers to common questions.
§ PR.62.062. STATUTE OF LIMITATIONS
STATUTE OF LIMITATIONS. (a) Except as provided by this section, a broker claiming a lien under this chapter must bring a suit to foreclose the lien on or before the second anniversary of the date the notice of lien is recorded. (b) A broker claiming a lien to collect a deferred commission must bring a suit to foreclose the lien on or before the earlier of: (1) the second anniversary of the date on which the commission is payable; or (2) the 10th anniversary of the date the lien is recorded or the 10th anniversary of the date the broker records a subsequent notice of the lien as a renewal of the broker's right to the lien, whichever date is later. (c) A renewal of a notice of lien must state that it is a renewal of the broker's lien and must be recorded after the ninth anniversary after the date the original notice of lien or last renewal notice is recorded and on or before the 10th anniversary of the date the original notice of lien or last renewal notice is recorded. (d) A broker claiming a lien for a commission that is payable must bring a suit to foreclose the lien not later than the 30th day after the date the broker receives a written demand to bring a suit to foreclose the lien from the owner of the commercial real estate interest on which the lien is claimed. (e) If a suit to foreclose the lien is not brought within the period prescribed by this section, the lien is void. Added by Acts 1999, 76th Leg., ch. 1571, Sec. 1, eff. Aug. 30, 1999.
Frequently Asked Questions About Texas § PR.62.062
What does The Texas Constitution § PR.62.062 cover?
Section PR.62.062 ("STATUTE OF LIMITATIONS") is part of the The Texas Constitution, the codified statutory law of Texas. 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 Texas § PR.62.062?
A common citation format is "The Texas Constitution § PR.62.062" (Texas). 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 Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § PR.62.062 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas 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 Texas.