Texas Property Code 53.025 – Limitation On Ordinary Retainage Lien
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Terms Used In Texas Property Code 53.025
- Contract: A legal written agreement that becomes binding when signed.
- Lien: A claim against real or personal property in satisfaction of a debt.
A lien for retainage is valid only for the amount specified to be retained in the contract, including any amendments to the contract, between the claimant and the original contractor or between the claimant and a subcontractor.