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.

Where it is in the process

Plain-English Summary

BUSINESSES AND PROFESSIONS -- REAL ESTATE BROKERS AND SALESPERSONS - 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.

Source: OpenStates · fetched April 24, 2026

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