Home Builders - Open House - Sales Representative Disclosure Requirements
Approved by the Governor - Chapter 544
Legislative status
- Introduced
- In Committee
- Reported by Committee
- Floor Vote Scheduled
- Passed One Chamber
- Passed Both Chambers
- Sent to Executive
- Signed into Law
Summary
The bill forces any home builder holding an open‑house event to display a conspicuous notice telling prospective buyers that the builder’s sales representative works for the builder, not the buyer. It also requires the builder and the sales rep to display registration numbers and certificates, and to include the same disclosure in written materials and the first purchase agreement. The goal is to make buyers aware of the sales rep’s limited loyalty and their right to obtain independent help.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Ask about HB 850
3 free questions a day, no accountHearings
- Finance — Bill HearingFinance · Mar 24, 2026
- Senate Finance CommitteeSenate Finance Committee · Mar 24, 2026
- Economic Matters — Bill HearingEconomic Matters · Feb 26, 2026
History
- Approved by the Governor - Chapter 544
- Third Reading Passed
- Returned Passed
- Second Reading Passed
- Favorable Report by Finance
- Favorable Adopted
- Hearing 3/24 at 1:00 p.m.
- Referred Finance
- Third Reading Passed
- Favorable Adopted Second Reading Passed
- Favorable Report by Economic Matters
- Hearing 2/26 at 1:00 p.m.
The 12 most recent of 13 recorded actions.
Sponsors
- Bhandari · sponsor
- A. Johnson
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