Arkansas Code § 18-48-804 - Waiver of Right to a Lien -- Action by Principal Broker

(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.

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Last modified: November 15, 2016