A 5499 New York Assembly · 2025 Regular Session

Prohibits single-agent dual agency, requires representation agreements, and prohibits mandatory broker's fees in residential real property transactions

Summary

Prohibits single-agent dual agency; requires representation agreements; allows broker's fee negotiations; prohibits mandatory broker's fees in residential real property transactions.

Bill status in committee 1 of 4 stages cleared

Introduction

Feb 2025

Committee Review

Floor Vote

Governor

Introduced Feb 14, 2025 Last action Jan 7, 2026

Floor votes

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Full legislative history

Actions timeline

Total actions

Key actions

Committee

Jan 7, 2026

Committee

REFERRED TO JUDICIARY

lower

Feb 14, 2025

Committee

REFERRED TO JUDICIARY

lower

1 primary · 3 co-sponsors