Real Estate Education Blog

 

Several new bills, impacting the real estate industry, passed through the Arizona state legislature recently.  SB 1136 stipulates that any print or internet advertisment that advertises a specific lot or parcel for sale, must include a disclosure statement that states, "A public report is available on the state real estate department's website."  This bill was an agreement between the Arizona Department of Real Estate and the Home Builders Association of Central Arizona and addresses some concerns the department has with out-of-state sales of Arizona real estate.  The effective date of the bill is July 28, 2010.  Most real estate schools will be posting this information soon or adding it to real estate renewal class material.  If you would like to learn more about the specifics of this bill or other recent legislation, visit the Arizona State Legislature website. 

Tags