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.
STATE OF NEW YORK
________________________________________________________________________
8766
IN SENATE
January 8, 2026
___________
Introduced by Sen. BAILEY -- read twice and ordered printed, and when
printed to be committed to the Committee on Rules
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
