NY S06361

Prohibits enforcement of "unfair real estate service agreements" for residential properties (1-4 dwelling units) that extend beyond two years and either run with the land, bind future owners, allow assignment without owner consent, or create liens

Bans recording of unfair real estate service agreements with county clerks; any recorded agreements provide no legal notice to future purchasers or creditors

Exempts home warranties, insurance contracts, purchase options, homeowners' association agreements, mortgages, utility contracts, and common interest community declarations from the prohibition

Classifies entering into unfair real estate service agreements as a deceptive trade practice under General Business Law section 349

Allows injured parties to sue for actual damages or $500 (whichever is greater), with courts able to award up to triple damages for willful violations plus attorneys' fees; takes effect 90 days after becoming law