state_legiscan_drain · NY
Relates to the definition and term of real estate listing agreements; provides that no real estate broker shall be a party to a listing agreement if such agreement is for a period longer than two years; provides that a listing agreement shall not be enforceable if the agreement is for a period longer than two years.
April 21, 2025
Summary
If enacted, this bill would prohibit real estate brokers from entering into listing agreements longer than two years and render any such agreement unenforceable. It directly affects real estate brokers and consumers (sellers) in New York.
Source: https://www.nysenate.gov/legislation/bills/2025/S7499
Common questions
- What does "Relates to the definition and term of real estate listing agreements; provides that no real estate broker shall be a party to a listing agreement if such agreement is for a period longer than two years; provides that a listing agreement shall not be enforceable if the agreement is for a period longer than two years." cover?
- If enacted, this bill would prohibit real estate brokers from entering into listing agreements longer than two years and render any such agreement…
- When was it published?
- It was published on April 21, 2025.
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