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A00375 Summary:

BILL NOA00375
 
SAME ASNo Same As
 
SPONSORVanel
 
COSPNSR
 
MLTSPNSR
 
Add §396-ddd, Gen Bus L
 
Requires online property marketplaces to verify that the person listing or claiming the property or rental is authorized to do so prior to allowing a property or rental to be listed on its website, application or software or permitting any person to claim ownership of an existing property or rental listing.
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A00375 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                           375
 
                               2025-2026 Regular Sessions
 
                   IN ASSEMBLY
 
                                       (Prefiled)
 
                                     January 8, 2025
                                       ___________
 
        Introduced  by M. of A. VANEL -- read once and referred to the Committee
          on Consumer Affairs and Protection
 
        AN ACT to amend the general  business  law,  in  relation  to  requiring
          verification  of  property  and  rental  listings  on  online property
          marketplaces

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section 1. The general business law is amended by adding a new section
     2  396-ddd to read as follows:
     3    §  396-ddd.  Verification  of  property  and rental listings on online
     4  property marketplaces. 1. No online property marketplace shall  allow  a
     5  property  or rental to be listed on its website, application or software
     6  nor permit any person to claim ownership  of  an  existing  property  or
     7  rental listing without first verifying that the person listing or claim-
     8  ing  the  property or rental is authorized to do so. For the purposes of
     9  this section, "online property  marketplace"  shall  mean  any  website,
    10  application, or software connected to the internet which, in the regular
    11  course of business, allows members of the public to add and view proper-
    12  ty  or  rental  listings  and  which provide a contact method or contact
    13  information to contact the owners or agents of such properties or rental
    14  listings.
    15    2. The verification required by subdivision one of this section  shall
    16  be  conducted through a method reasonably designed to detect and prevent
    17  fraudulent property or rental claims and listings.
    18    3. An online property marketplace shall be liable for a civil  penalty
    19  of  five  hundred  dollars  per  listing  which  is listed or claimed in
    20  violation of this section.
    21    § 2. This act shall take effect one year after it shall have become  a
    22  law.
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD01926-01-5
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