- The lien of a broker upon the proceeds of a sale made by him, or upon property purchased by him, for a customer, for his commissions or for an advance made by him to complete the purchase. 12 Am J2d Brok § 241. See custom broker's lien; insurance broker's lien; real estate broker's lien.
Ballentine's law dictionary. Anderson, W.S.. 1998.
Look at other dictionaries:
broker's lien — ➔ lien * * * broker s lien UK US noun [C] ► LAW a right to property or payment that a broker has if the buyer does not pay the money owed to the broker for a sale: »Many states in the US allow real estate broker s liens to be filed against… … Financial and business terms
customs broker's lien — The lien of a customs broker for an advance made to procure the release of goods from the customs house for a customer. 12 Am J2d Brok § 241 … Ballentine's law dictionary
real estate broker's lien — A lien in support of the broker’s right to compensation by way of sharing in the purchase money. 12 Am J2d Brok §§ 242, 243 … Ballentine's law dictionary
insurance broker's lien — Alien of an insurance broker or agent of the insured upon all policies in his hands procured by him for his principal, and also upon all moneys received by him upon such policies, for the payment of the amount due him for commissions,… … Ballentine's law dictionary
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insurance agent's lien — See insurance broker s lien … Ballentine's law dictionary
stockbroker's lien — See broker s lien … Ballentine's law dictionary
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