S9686 (2023-24 session)
NY State bill
Prohibits single-agent dual agency in certain real property agreements; requires representation agreements for certain brokers; allows buyers and tenants to negotiate brokers' fees; prohibits landlords, lessors, sub-lessors, and grantors from requiring a tenant to pay brokers' fees as a condition of entering into a lease agreement.
- Title
- Reforms real property broker requirements and fees
- Type
- New York State Senate bill
- Session
- 2023-24 session
- Status
- In Senate Committee
- Latest action date
- 2024-05-20
- In committee
- Judiciary
- Introduced
- 2024-05-20
- Law section
- Real Property Law
Sponsors
- Zellnor Myrie State Senator, District 20
Heard in committee
- Judiciary NY State Senate committee