HB669 - Listing Rights Purchase Act; enact

1 Co-Sponsor

A BILL to be entitled an Act to amend Title 10 of the Official Code of Georgia Annotated, relating to commerce and trade, so as to provide for future real estate listing right purchase contracts; to provide for definitions; to provide for a short title; to provide for contract requirements; to provide for prohibitions; to provide for required disclosures, terms, and conditions; to provide for cancellation; to provide for construction; to provide for assignment and recording of such contracts; to require and provide for registration of purchasing companies with the Secretary of State; to authorize the Secretary of State to adopt rules and regulations; to provide for legislative intent; to provide for an effective date and applicability; to provide for related matters; to repeal conflicting laws; and for other purposes.