state_legiscan_drain · RI
Requires any person in the business of selling, assigning or buying an equitable interest in real estate without taking legal title to such property, to be licensed as a real estate broker or salesperson and to comply with the disclosure requirements.
February 27, 2026
Summary
If enacted, this bill would require any person in the business of selling, assigning, or buying an equitable interest in real estate without taking legal title to be licensed as a real estate broker or salesperson and comply with disclosure requirements. This targets entities such as real estate professionals, investors, and fintechs dealing with equitable interests, and expands licensing obligations to previously unlicensed activities.
Source: https://status.rilegislature.gov/
Common questions
- What does "Requires any person in the business of selling, assigning or buying an equitable interest in real estate without taking legal title to such property, to be licensed as a real estate broker or salesperson and to comply with the disclosure requirements." cover?
- If enacted, this bill would require any person in the business of selling, assigning, or buying an equitable interest in real estate without taking legal…
- When was it published?
- It was published on February 27, 2026.
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