summary
Introduced
03/04/2024
03/04/2024
In Committee
12/18/2024
12/18/2024
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
135th General Assembly (2023-2024)
Bill Summary
To amend section 4735.181 and to enact section 4735.80 of the Revised Code to prohibit a real estate broker or salesperson from disclosing a purchaser's name, age, race, or address before the purchaser and seller agree to the contract terms and to name this act the Homebuyer Protection Act.
AI Summary
This bill, known as the Homebuyer Protection Act, amends the Ohio Revised Code to prohibit real estate brokers or salespersons from disclosing a prospective purchaser's name, age, race, or address before the purchaser and seller agree to the contract terms. It requires the licensee to provide a signed and notarized affidavit to the seller, seller's agent, or seller's subagent with information about the pre-approval letter or proof of funds document, without disclosing the purchaser's personal details. Once the contract terms are agreed upon, the licensee must supplement the offer contract, disclosure of agency relationship, and written brokerage policy on agency with the purchaser's name, address, and other relevant information that was previously redacted or omitted.
Committee Categories
Justice
Sponsors (23)
Dontavius Jarrells (D)*,
Josh Williams (R)*,
Rachel Baker (D),
Willis Blackshear (D),
Darnell Brewer (D),
Beryl Brown Piccolantonio (D),
Gary Click (R),
Dave Dobos (R),
Michele Grim (D),
Brett Hillyer (R),
Latyna Humphrey (D),
Dani Isaacsohn (D),
Mark Johnson (R),
Adam Miller (D),
Joe Miller (D),
Jessica Miranda (D),
Ismail Mohamed (D),
Phil Plummer (R),
Anita Somani (D),
Cecil Thomas (D),
Terrence Upchurch (D),
Casey Weinstein (D),
Tom Young (R),
Last Action
House Civil Justice Jarrells, 3rd Hearing, Prop/Opp/IP Testimony PV (13:00:00 12/18/2024 Room 116) (on 12/18/2024)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.legislature.ohio.gov/legislation/135/hb438 |
| Fiscal Note - As Introduced | https://www.legislature.ohio.gov/download?key=22511&format=pdf |
| Analysis - As Introduced | https://www.legislature.ohio.gov/download?key=22297&format=pdf |
| BillText | https://search-prod.lis.state.oh.us/solarapi/v1/general_assembly_135/bills/hb438/IN/00/hb438_00_IN?format=pdf |
Loading...