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S04744 Summary:
| BILL NO | S04744A |
| SAME AS | SAME AS A10057-B |
| SPONSOR | FARLEY |
| COSPNSR | BALBONI, DEFRANCISCO, FLANAGAN, FUSCHILLO, GOLDEN, LARKIN, LAVALLE, LEIBELL, PADAVAN, RATH, SALAND, SEWARD, SPANO, TRUNZO, VOLKER |
| MLTSPNSR | |
| Amd S595-a, Bank L; add S265-a, RP L; add S1303, RPAP | |
| Enacts the home equity theft prevention act; provides homeowners with information necessary to make an informed decision regarding the sale of their home to an equity purchaser; requires the sales agreement to be expressed in writing; provides safeguards to equity sellers against deceit and financial hardship; restricts unfair contract terms. | |