5 More States Pass Legislation Banning Unfair Real Estate Fee Agreements
April 6, 2023
Colorado, Georgia, Tennessee, Idaho and North Dakota became the latest states to pass legislation protecting homeowners from the predatory practice of filing of unfair real estate fee agreements in property records, known as Non-Title Record Agreements for Personal Service (NTRAPS). ALTA has prioritized combating this abusive and anti-consumer activity in the marketplace, and worked with national stakeholders to design model legislation to ban this practice.
Contact ALTA at 202-296-3671 or [email protected].