S 9686 New York Senate · 2023 Regular Session

Reforms real property broker requirements and fees

Summary
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.
Bill status in committee 1 of 4 stages cleared
Introduction
May 2024
Committee Review
Floor Vote
Governor
Introduced May 20, 2024 Last action May 20, 2024
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Full legislative history

Actions timeline

Total actions
1
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0
Committee
1
May 20, 2024
Senate · Referred to committee
REFERRED TO JUDICIARY
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Zellnor Myrie
Zellnor Myrie
DDemocratic
NY
20