HR 5033 · 106th Congress · Finance and Financial Sector
American Homebuyers Protection Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Sponsor introductory remarks on measure. (CR E1482)(2000-09-14)
Plain Language Summary
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American Homebuyers Protection Act - Prohibits a person engaged in the construction of new homes from: (1) requiring a home purchaser to enter into a mandatory arbitration agreement as a condition precedent to entering into a purchase contract; and (2) offering a home purchaser a contract which includes a mandatory arbitration agreement unless such agreement is a separate agreement.…
Summarized by Claude AI · Non-partisan · For informational purposes only