Real Estate/Development
Jun. 18, 2025
Buyer-broker relationship overhauled: Key changes under AB 2992
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Effective Jan. 1, 2025, California Assembly Bill 2992 introduced groundbreaking changes to the buyer-broker relationship. This law mandates that all brokers representing real estate buyers must sign a representation agreement with their clients, a move designed to enhance transparency and accountability regarding services, compensation and responsibilities. The legislation represents one of the most significant shifts in California real estate law in recent years, with far-reaching implica...
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