Lead Sponsors: Senator Michelle Reynolds and Senator Hearcel Craig
Status: Introduced (February 4, 2025)
Description: The bill makes a number of changes to eviction and building inspection law. For counties, the main change in the bill is regarding property conveyances.
The bill requires that if the buyer of real property is not a natural person, they must designate a natural person as an owner or agent for matters related to the conveyance. This measure aims to bring transparency to real estate transactions involving LLCs.
CCAO Position: CCAO's Legislative Platform calls for increased transparency on real estate transactions involving LLCs.