CA AB1289

Applies definitions from Real Estate Law to provisions governing real property disclosures, listing agreements, and agency relationships in residential property transactions.

Modifies disclosure timelines for buyers by specifying that the three-day termination period begins when all three sections of the disclosure form are completed and delivered, and increases the period to five days for electronically delivered disclosures.

Updates the Natural Hazard Disclosure Statement form and clarifies that agents may satisfy disclosure obligations by providing all information on the agent's inspection disclosure.

Revises real estate agency relationship disclosures to require agents to disclose confidential information restrictions and seller/buyer responsibilities, and prohibits dual agents from disclosing any confidential information without express written permission.

Makes the bill's provisions contingent on enactment of Assembly Bill 2884 and specifies that neither bill affects existing fiduciary duties, disclosure obligations, or supervisory responsibilities of real estate brokers and salespersons under California law.