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AB1345
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The Residential Exclusive Listing Agreements Act is a federal bill that aims to regulate and standardize exclusive listing agreements in the residential real estate market. It seeks to enhance transparency, fairness, and competition among real estate agents by setting guidelines for these agreements. The main provisions of the bill include requiring clear terms and disclosures in exclusive listing agreements, prohibiting certain anti-competitive practices, and promoting consumer protection. This legislation could lead to increased accountability in the real estate industry, better informed consumers, and a more competitive market for residential property sales.
2023-02-16: Read first time. To print.
2023-02-17: From printer. May be heard in committee March 19.
2023-03-02: Referred to Com. on JUD.
2023-04-12: From committee chair, with author's amendments: Amend, and re-refer to Com. on JUD. Read second time and amended.
2023-04-17: Re-referred to Com. on JUD.
2023-04-18: From committee: Do pass and re-refer to Com. on APPR. (Ayes 10. Noes 0.) (April 18). Re-referred to Com. on APPR.
2023-05-03: In committee: Hearing postponed by committee.
2023-05-10: From committee: Do pass. (Ayes 13. Noes 0.) (May 10).
2023-05-11: Read second time. Ordered to third reading.
2023-05-18: Read third time. Passed. Ordered to the Senate. (Ayes 64. Noes 1. Page 1591.)
2023-05-18: In Senate. Read first time. To Com. on RLS. for assignment.
2023-05-31: Referred to Com. on JUD.
2023-06-28: From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 9. Noes 0.) (June 27).
2023-06-29: Read second time and amended. Re-referred to Com. on APPR.
2023-08-14: In committee: Referred to APPR suspense file.
2023-09-01: From committee: Amend, and do pass as amended. (Ayes 5. Noes 2.) (September 1).
2023-09-01: Read second time and amended. Ordered returned to second reading.
2023-09-05: Read second time. Ordered to third reading.
2023-09-11: Read third time. Passed. Ordered to the Assembly. (Ayes 30. Noes 6. Page 2560.).
2023-09-11: In Assembly. Concurrence in Senate amendments pending. May be considered on or after September 13 pursuant to Assembly Rule 77.
2023-09-12: Assembly Rule 77 suspended. (Page 3228.)
2023-09-12: Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 72. Noes 0. Page 3268.).
2023-09-19: Enrolled and presented to the Governor at 4 p.m.
2023-10-08: Approved by the Governor.
2023-10-08: Chaptered by Secretary of State - Chapter 577, Statutes of 2023.
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Introducing Your Local Garage where you can post and sell everything you have wanted to sell.
Post upto 5 items for free. After that it's just $20 a year to post up to 50 items in your own Garage.
Directly Communicate with buyers.
Get direct feedback from Buyers to improve your postings.
Receive updates and reminders on items posted but not sold to improve sales.
Selling analytics
Your Garage will come with more selling features to help you get your items sold fast!
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