HB281 Alabama 2017 Session

Under existing law, the Alabama Real Estate Commission may adopt rules necessary to carry into effect certain duties and powers related to licensing persons as real estate brokers and salespersons.

This bill would further provide for this authority in relation to state and federal antitrust laws, authorizing the board to adopt rules that prioritize consumer protection in real estate transactions, even if those rules are anti-competitive.

Relating to the Alabama Real Estate Commission; to add Section 34-27-8.1 to the Code of Alabama 1975, to clarify rulemaking authority of the commission regarding state and federal antitrust laws; and to authorize the adoption of rules that prioritize consumer protection, even if the rules are anti-competitive.