Real Estate Law: buyer-broker representation agreements.
(1) Existing law, the Real Estate Law, provides for the licensure and regulation of real estate brokers and salespersons by the Real Estate Commissioner, the chief officer of the Department of Real Estate within the Business, Consumer Services, and Housing Agency. Existing law specifies that a willful violation of the Real Estate Law is a crime. Existing law requires the agreement providing for the amount of compensation to be paid to a real estate licensee for the sale of specified residential property or a mobilehome to contain a statement that the amount or rate of real estate commissions is not fixed by law but rather is set by each broker individually and may be negotiable between the seller and the broker.
California AB 2992 (20232024) — Real Estate Law: buyer-broker representation agreements.
(1) Existing law, the Real Estate Law, provides for the licensure and regulation of real estate brokers and salespersons by the Real Estate Commissioner, the chief officer of the Department of Real Estate within the Business, Consumer Services, and Housing Agency. Existing law specifies that a willful violation of the Real Estate Law is a crime. Existing law requires the agreement providing for the amount of compensation to be paid to a real estate licensee for the sale of specified residential property or a mobilehome to contain a statement that the amount or rate of real estate commissions is not fixed by law but rather is set by each broker individually and may be negotiable between the seller and the broker.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Do pass, but first be re-referred to the Committee on [Judiciary] — 12–0 (pass) · upper
Do pass. To Consent Calendar. — 15–0 (pass) · lower
Do pass, but first be re-referred to the Committee on [Appropriations] with the recommendation: To Consent Calendar — 11–0 (pass) · upper
Do pass — 7–0 (pass) · upper
Special Consent AB2992 Stephanie Nguyen By Caballero — 39–0 (pass) · upper
AB 2992 Stephanie Nguyen Consent Calendar Second Day — 71–0 (pass) · lower
Placed on suspense file — 7–0 (pass) · upper
AB 2992 Stephanie Nguyen Concurrence in Senate Amendments — 76–0 (pass) · lower
Do pass as amended, and be re-referred to the Committee on [Appropriations] with recommendation: To Consent Calendar — 11–0 (pass) · lower
Sponsors
Stephanie Nguyen — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
2024-02-16 Read first time. To print. reading-1
2024-02-17 From printer. May be heard in committee March 18.
2024-03-21 Referred to Com. on JUD. referral-committee
2024-03-21 From committee chair, with author's amendments: Amend, and re-refer to Com. on JUD. Read second time and amended. amendment-introduction, amendment-passage, reading-1, reading-2
2024-04-01 Re-referred to Com. on JUD. referral-committee
2024-04-23 From committee: Amend, and do pass as amended and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 11. Noes 0.) (April 23). amendment-introduction, amendment-passage, committee-passage, referral-committee
2024-04-24 Read second time and amended. amendment-passage, reading-1, reading-2
2024-04-25 Re-referred to Com. on APPR. referral-committee
2024-05-08 From committee: Do pass. To Consent Calendar. (Ayes 15. Noes 0.) (May 8). committee-passage, committee-passage-favorable
2024-05-09 Read second time. Ordered to Consent Calendar. reading-1, reading-2
2024-05-16 Read third time. Passed. Ordered to the Senate. (Ayes 71. Noes 0.) passage, reading-1, reading-3
2024-05-16 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
2024-05-29 Referred to Coms. on B., P. & E. D. and JUD. referral-committee
2024-06-12 In committee: Hearing postponed by committee.
2024-06-24 From committee: Do pass and re-refer to Com. on JUD. (Ayes 12. Noes 0.) (June 24). Re-referred to Com. on JUD. committee-passage, committee-passage-favorable, referral-committee
2024-06-25 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on JUD. amendment-introduction, amendment-passage, reading-1, reading-2, referral-committee
2024-07-03 From committee: Do pass and re-refer to Com. on APPR with recommendation: To Consent Calendar. (Ayes 11. Noes 0.) (July 2). Re-referred to Com. on APPR. committee-passage, committee-passage-favorable, referral-committee
2024-08-05 In committee: Referred to APPR suspense file. referral-committee
2024-08-15 From committee: Do pass. (Ayes 7. Noes 0.) (August 15). committee-passage, committee-passage-favorable
2024-08-19 Read second time. Ordered to third reading. reading-1, reading-2
2024-08-23 Ordered to special consent calendar.
2024-08-28 Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0.). passage, reading-1, reading-3
2024-08-28 In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 30 pursuant to Assembly Rule 77.
2024-08-29 Assembly Rule 77 suspended.
2024-08-29 Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 76. Noes 0.). amendment-passage, committee-passage-favorable
2024-09-11 Enrolled and presented to the Governor at 4 p.m.
2024-09-24 Approved by the Governor. executive-signature
2024-09-24 Chaptered by Secretary of State - Chapter 516, Statutes of 2024. became-law
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/bf5e65a3-8aa8-40be-bd1e-606291b51817. Confidence: reported (aggregated from official California legislature records).