Bill Title: Relating to residential real estate transactions; to require buyers to make certain disclosures to homeowners and other interested parties that the buyer intends to engage aspects of a wholesale transaction; and to deem unenforceable certain unfair service agreements purporting to establish a long-term right to list between real estate companies and residential real estate owners; and in connection therewith would have as its purpose or effect the requirement of a new or increased expenditure of local funds within the meaning of Section 111.05 of the Constitution of Alabama of 2022.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2023-05-09 - Enacted [SB228 Detail]

Text: Latest bill text (Enrolled) [PDF]

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