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Real property transactions: agents: obligations.

It became law on Aug 15, 2014.

CA SB 1171 · Senate Bill · 2013–2014

Stage
Became law
Started in
Senate
Sponsor
Ben Hueso
Latest action
Aug 15, 2014

What it does

Existing law requires listing and selling agents, as defined, to provide the seller and buyer in a residential real property transaction, including a leasehold interest, with a disclosure form, as prescribed, containing general information on real estate agency relationships. Existing law also requires the listing or selling agent to disclose to the buyer and seller whether he or she is acting as the buyer's agent exclusively, the seller's agent exclusively, or as a dual agent representing both the buyer and the seller.

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Aug 15, 2014

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

It is law in California. What happens now is up to the agency that carries it out, the courts, and the place itself.

Work with this bill

Real property transactions: agents: obligations. | 52