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Bill

Bill

HB 1464

Concerning home equity sharing agreements.

2025-2026 Regular Session Introduced by David Hackney and 2 co-sponsors

Washington bill establishes consumer protections and disclosure standards for home equity sharing agreements, regulating investor-homeowner financial arrangements tied to property appreciation.

Executive session scheduled, but no action was taken in the House Committee on Consumer Protection & Business at 8:00 AM.
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Bill Summary · HB 1464

Legislative bill overview

HB 1464 establishes regulatory standards for home equity sharing agreements in Washington State, where investors provide homeowners with capital in exchange for a percentage of future home appreciation or equity gains. The bill creates disclosure requirements, contract protections, and oversight mechanisms to govern these financial arrangements that have grown as an alternative financing option.

Why is this important

Home equity sharing agreements are increasingly marketed to homeowners facing financial constraints, but lack comprehensive state regulation. This bill addresses a gap in consumer protections for a financial product that could significantly impact a homeowner's ability to refinance, sell, or retain ownership of their property. The regulatory framework affects both vulnerable homeowners seeking liquidity and investors entering this emerging market segment.

Potential points of contention

  • Stringency of disclosure requirements — Disputes likely over how detailed disclosures must be regarding long-term financial implications, investor profit projections, and comparison to traditional financing options
  • Profit-sharing calculation limits — Disagreement about whether caps should exist on investor returns and whether homeowners receive fair valuation given information asymmetries
  • Market viability concerns — Investor groups may argue excessive regulation will shrink the market and reduce financing options for homeowners who cannot access traditional loans; consumer advocates may counter that protections are essential

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

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