Bill

Bill > HB1155


IN HB1155

IN HB1155
Unlicensed real estate solicitor.


summary

Introduced
01/10/2023
In Committee
03/01/2023
Crossed Over
02/22/2023
Passed
Dead
04/28/2023

Introduced Session

2023 Regular Session

Bill Summary

Unlicensed real estate solicitor. Defines an "unlicensed real estate solicitor". Requires an unlicensed real estate solicitor to include a specific solicitation disclosure on all advertisements promoting the unlicensed real estate solicitor's intent to purchase a residential, single-family home. Provides remedies to a homeowner that enters into an agreement with an unlicensed real estate solicitor. Provides that it is a deceptive act enforceable by the attorney general for an unlicensed real estate solicitor to solicit the sale or purchase of real estate through print or broadcast advertising without the required solicitation disclosure.

AI Summary

This bill defines an "unlicensed real estate solicitor" as a person who does not have a valid real estate license, and requires such solicitors to include a specific disclosure on all advertisements promoting their intent to purchase a residential, single-family home. The bill provides homeowners with a 5-day rescission period to nullify any agreement entered into with an unlicensed real estate solicitor, and states that violations of the bill's provisions are considered deceptive acts that can be enforced by the Attorney General.

Committee Categories

Business and Industry, Justice

Sponsors (6)

Last Action

First reading: referred to Committee on Commerce and Technology (on 03/01/2023)

bill text


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