Relating to restrictions on the purchase of a single-family home by an investment firm.

HB 2334 prohibits investment firms (defined as corporations or trusts pooling investor capital for securities) from entering pending purchase agreements for single-family homes listed for sale before the 30th day after listing. The bill directly affects investment firms seeking to buy single-family homes, requiring them to wait 30 days after a home is listed before making a binding offer. If an investment firm violates this rule, the seller can cancel the contract at any time before it's fully executed. The law takes effect September 1, 2025, applying only to contracts entered on or after that date.