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A09467 Summary:

BILL NOA09467
 
SAME ASSAME AS S08766
 
SPONSORCruz
 
COSPNSR
 
MLTSPNSR
 
Amd §778-aaa, Gen Bus L (as proposed in S.6361-B & A.5886-C)
 
Prohibits unfair residential real estate service agreements which are certain service agreements which are not to be performed within two years following the time such agreement is entered into.
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A09467 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          9467
 
                   IN ASSEMBLY
 
                                     January 6, 2026
                                       ___________
 
        Introduced  by  M. of A. CRUZ -- read once and referred to the Committee
          on Consumer Affairs and Protection
 
        AN ACT to amend the general business law,  in  relation  to  prohibiting
          unfair residential real estate service agreements
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. Subparagraphs (vii) and (viii) of paragraph (b) of subdivi-
     2  sion 6 of section 778-aaa of the general business law,  as  added  by  a
     3  chapter  of  the laws of 2025 amending the general business law relating
     4  to prohibiting unfair residential real  estate  service  agreements,  as
     5  proposed  in  legislative  bills  numbers  S.  6361-B and A. 5886-C, are
     6  amended and a new subparagraph (ix) is added to read as follows:
     7    (vii) security agreement under the uniform commercial code relating to
     8  the sale or rental of personal property or fixtures; [or]
     9    (viii) contract with a water, sewer, electrical, telephone, cable,  or
    10  other regulated utility service provider[.]; or
    11    (ix)  contract, restrictive declaration, regulatory agreement or other
    12  instrument, which is mandated by a governmental entity  or  to  which  a
    13  governmental entity is a party.
    14    §  2.  This  act  shall  take  effect on the same date and in the same
    15  manner as a chapter of the laws of 2025 amending  the  general  business
    16  law  relating  to  prohibiting  unfair  residential  real estate service
    17  agreements, as proposed in legislative bills numbers S.  6361-B  and  A.
    18  5886-C, takes effect.
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD05484-08-6
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