Kevin McCarty
- Democratic
- Assemblymember
- District 6
Author
Existing law, the Real Estate Law, establishes the Department of Real Estate, with the Real Estate Commissioner as its chief officer, and sets forth the powers and duties of the commissioner relating to the licensure and regulation of real estate brokers and imposes various requirements on real estate transactions. This bill would require an iBuyer, defined by the bill as a specified online real estate company, to work with a local real estate broker, as defined, when selling real property in California. The bill would exempt from this requirement the initial sale of real property containing new construction.
In committee: Set, first hearing. Hearing canceled at the request of author.
In Senate. Read first time. To Com. on RLS. for assignment.
Read third time. Passed. Ordered to the Senate. (Ayes 50. Noes 11. Page 4605.)
Read second time. Ordered to third reading.
Read second time and amended. Ordered returned to second reading.
From committee: Amend, and do pass as amended. (Ayes 13. Noes 1.) (April 26).
From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & P. Read second time and amended.
From printer. May be heard in committee March 18.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB2224 | HTML |
| 02/15/22 - Introduced | |
| 03/24/22 - Amended Assembly | |
| 04/27/22 - Amended Assembly |
| Document | Format |
|---|---|
| 04/23/22- Assembly Business and Professions | |
| 04/29/22- ASSEMBLY FLOOR ANALYSIS |
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