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LA HB139

Bill

Status

Introduced

3/26/2025

Primary Sponsor

Shane Mack

Click for details

Origin

House of Representatives

2025 Regular Session

AI Summary

  • Buyer agreements may specify that broker compensation can come from buyers, sellers, listing agents, listing brokers, or brokerages, or any combination of these sources

  • Real estate agents cannot require buyers to sign a buyer agreement before showing a property, but a buyer agreement is required before a broker can submit an offer on the buyer's behalf for compensation

  • Residential real estate advertisements must accurately represent the property's terms, value, and services

  • Buyer's brokerage fees must be disclosed in all public advertisements for residential properties listed for sale

Legislative Description

Provides relative to real estate

REAL ESTATE

Last Action

Read by title, under the rules, referred to the Committee on Commerce.

4/14/2025

Committee Referrals

Commerce3/26/2025

Full Bill Text

No bill text available