WeVote
Log In

Bill

Bill

H 1989

An Act relative to fairness in home sales

194th Legislature (2025-2026) Introduced by Sam Montaño and 1 co-sponsor

Overview: H 1989, An Act relative to fairness in home sales, Hearing rescheduled to 11/25/2025 from 10:00 AM-04:00 PM in A-2 and Virtual Hearing updated to New End Time, Introduced

Hearing rescheduled to 11/25/2025 from 10:00 AM-05:00 PM in A-2 and Virtual Hearing updated to New End Time
0
WeVote Research Nonpartisan
Bill Summary · H 1989

Overview: H 1989, An Act relative to fairness in home sales, Hearing rescheduled to 11/25/2025 from 10:00 AM-04:00 PM in A-2 and Virtual Hearing updated to New End Time, Introduced on February 27, 2025.

Purpose and Intent: The primary goal of this bill is to promote fairness and transparency in the home sales process, ensuring that all buyers and sellers have access to the information and protections they need.

Key Provisions:
- Requires real estate agents to disclose any known defects or issues with a property to potential buyers
- Prohibits the use of "pocket listings" or off-market sales that may exclude certain buyers
- Establishes a cooling-off period during which buyers can back out of a sale without penalty
- Mandates the disclosure of all offers received on a property to ensure a fair and competitive process

Affected Parties and Impacts:
- Home buyers and sellers, who will benefit from increased transparency and fairness in the home sales process
- Real estate agents and brokers, who will be required to comply with the new disclosure and transparency requirements
- The housing market as a whole, which may see increased competition and more informed decision-making by buyers and sellers

Procedural and Timeline Considerations:
The bill is currently in the hearing stage, with a rescheduled hearing set for November 25, 2025. The next step would be for the committee to vote on the bill and potentially send it to the full legislature for consideration.

Compiled from official sources — confirm details with the bill’s official record.

Sign in to ask a question.