Loading chat...
LA HB139
Bill
Status
3/26/2025
Primary Sponsor
Shane Mack
Click for details
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