Consumer protection; unsolicited offers to purchase real estate, unfair service contracts, regulated

Summary

The bill treats investment‑oriented real‑estate solicitations like unfair service agreements and gives the Alabama Securities Commission power to enforce disclosure rules, investigate complaints, and impose civil penalties. It requires written offers to include clear warnings, lets homeowners opt out, and makes certain contracts void as deceptive practices. The measure aims to protect homeowners from predatory wholesaling and long‑term service agreements that can cloud title.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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