Real Property - As enacted, requires a buyer engaged in wholesaling real property to disclose certain information related to the buyer's equitable interest in the real property to the seller and a subsequent purchaser. - Amends TCA Title 47 and Title 66.

HB 781 requires real estate buyers who wholesale properties (assigning their contract to another buyer for profit) to disclose specific details about their "equitable interest" in writing. Buyers must provide this disclosure in bold, large font to both the original seller (at least 3 business days before assignment) and any new purchaser, explaining their right to benefit from the property before legal title transfers. The bill defines "equitable interest" as the buyer's contractual right to profit from the property prior to title transfer. It applies only to real estate transactions involving such contract assignments and mandates written disclosures to ensure transparency.