Bill > S08766

This bill amends existing law to clarify what constitutes an "unfair residential real estate service agreement" by expanding the types of agreements that are *not* considered unfair. Specifically, it adds a new category of agreements that are exempt from being deemed unfair: contracts, restrictive declarations, regulatory agreements, or other instruments that are mandated by or involve a governmental entity. This is in addition to existing exemptions for security agreements related to personal property or fixtures under the Uniform Commercial Code and contracts with regulated utility service providers. The bill aims to prevent certain long-term service agreements from being considered unfair, particularly those that are not to be performed within two years of being entered into, and now explicitly excludes government-related agreements from this prohibition.

https://www.nysenate.gov/legislation/bills/2025/S8766