By North Cincy News |
Apr 9, 2024
COLUMBUS—The House Civil Justice Committee initiated hearings on Tuesday regarding House Bill 466, a proposed legislation aimed at establishing statewide standards for real estate representation agreements. The bill's sponsor, State Rep. Jean Schmidt (R-Loveland), made the announcement regarding the committee's proceedings.According to Schmidt, the legislation seeks to mandate the inclusion of essential elements in written representation agreements between real estate brokerages and their clients. These elements include the terms of representation by a brokerage and its...