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Bill

Bill

A 4139

Relates to unlawful dealing in real property

2025 Regular Session Introduced by Rodneyse Bichotte Hermelyn and 10 co-sponsors

Bill A 4139 strengthens regulations against fraudulent real estate dealings, enhancing consumer protections and imposing stricter penalties for unlawful activities.

REFERRED TO CODES
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WeVote Research Nonpartisan
Bill Summary · A 4139

Summary of Bill A 4139: Relates to Unlawful Dealing in Real Property

Bill Overview

  • Bill Number: A 4139
  • Title: Relates to unlawful dealing in real property
  • Status: Referred to Codes
  • Introduced: January 31, 2025
  • Classification: Bill

Purpose and Intent

Bill A 4139 aims to address issues related to unlawful dealings in real property. The intent of the bill is to strengthen regulations and penalties surrounding fraudulent activities in real estate transactions, thereby protecting consumers and ensuring the integrity of property dealings.

Key Provisions

While the specific text of the bill is not provided, based on its title and legislative context, the following provisions can be anticipated:

  • Definition of Unlawful Dealing: The bill is likely to define what constitutes unlawful dealing in real property, including fraudulent misrepresentation, unauthorized sales, and other deceptive practices.

  • Penalties: The bill may propose increased penalties for individuals or entities found guilty of unlawful dealings, potentially including fines and imprisonment.

  • Consumer Protections: Enhanced protections for consumers engaged in real estate transactions may be included, such as mandatory disclosures and the right to seek restitution.

  • Enforcement Mechanisms: The bill could outline the roles of regulatory bodies in enforcing these laws and the processes for reporting unlawful activities.

Affected Parties

  • Consumers: Individuals looking to buy or sell real estate will benefit from increased protections against fraud.
  • Real Estate Professionals: Real estate agents, brokers, and developers may face stricter regulations and oversight.
  • Regulatory Agencies: Agencies responsible for overseeing real estate transactions will have expanded authority to investigate and enforce compliance.

Legislative Process and Timeline

  • Introduced: The bill was introduced on January 31, 2025, and has been referred to the Codes Committee for further consideration.
  • Related Bills: This bill is related to several prior-session bills, including:
    • S 3403
    • S 1191
    • A 8357
    • S 4531 (companion bill)

These related bills may provide context or additional measures that complement the objectives of A 4139.

Conclusion

Bill A 4139 seeks to enhance the legal framework surrounding real property transactions by addressing unlawful dealings. By defining fraudulent activities and increasing penalties, the bill aims to protect consumers and uphold the integrity of the real estate market. As it progresses through the legislative process, further details will emerge regarding its specific provisions and potential impacts.

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

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