California homebuyer contract bill heads to Gov. Newsom’s desk

California homebuyer contract bill heads to Gov. Newsom’s desk

3 months ago
Anonymous $genLyrxdTY

https://www.siliconvalley.com/2024/09/04/homebuyer-contract-bill-heads-to-governors-desk-2/

A bill limiting homebuyer contracts to three months passed the state Legislature last week and is on its way to the governor’s desk.

If Gov. Gavin Newsom’s signs it, the measure would take effect Jan. 1, making California one of at least 28 states with laws requiring home shoppers to have a buyer-representation agreement with their agents, according to the California Association of Realtors, which sponsored the measure.