BILL · 2019–20 SESSION

HB 1316: Real estate dual agency

Prohibiting dual agency in certain real estate transactions.

Summary

  • Establishes as a conflict of interest a broker acting in a dual agent capacity in certain commercial real estate transaction.
  • Requires parties and legal counsel to sign a conflict-of-interest waiver in a dual agent real estate transactions.

From the House Bill Analysis 2019 (HB 1316), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 18, 2019
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Javier Valdez (D-46)
Introduced
January 18, 2019 in the House
Last action
January 13, 2020
Companion bill
SB 5189

AN ACT Relating to prohibiting dual agency in certain real estate transactions;

Sponsors

Prime sponsor: Javier Valdez (D-46)

1 co-sponsor (1 Democrat, 0 Republicans)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. By resolution, reintroduced and retained in present status.
  2. First reading, referred to Consumer Protection & Business.

HB 1316 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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