Relating to residential real estate transactions; to require buyers to make certain disclosures to homeowners and other interested parties that the buyer intends to engage aspects of a wholesale transaction; and to deem unenforceable certain unfair service agreements purporting to establish a long-term right to list between real estate companies and residential real estate owners; and in connection therewith would have as its purpose or effect the requirement of a new or increased expenditure of local funds within the meaning of Section 111.05 of the Constitution of Alabama of 2022.
Summary
Residential real estate, wholesale buyers required to make disclosures to sellers, unfair service agreements to list single-family homes prohibited, civil and criminal penalties.
Bill status
signed
all 5 stages cleared
Introduction
Apr 2023
Committee Review
May 2023
Senate Passage
Apr 2023
House Passage
May 2023
Signed into Law
May 2023
Introduced Apr 20, 2023
Signed May 16, 2023
Floor votes · Senate Apr 27, 2023 · House May 9, 2023
How they voted
30–0
Passed · 4 other
Total votes 34
Apr 27, 2023
D
Democratic8
75% Yea
R
Republican26
92% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
19
Key actions
6
Committee
5
May 9, 2023
Lower · Passed
Read a Third Time and Pass
lower
May 3, 2023
Lower · Passed
Reported Out of Committee in Second House
lower
May 3, 2023
Lower · Passed
Reported Favorably (Commerce and Small Business)
lower
Apr 27, 2023
Committee
Referred to Committee (Commerce and Small Business)
lower
Apr 27, 2023
Upper · Passed
Read A Third Time And Passed As Amended
upper
Apr 25, 2023
Upper · Passed
Reported Out of Committee in House of Origin
upper
Apr 25, 2023
Upper · Passed
Reported Favorably (County and Municipal Government)
upper
Apr 20, 2023
Introduced
Introduced and Referred (County and Municipal Government)
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Dan Roberts
RRepublican
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