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SB154 Alabama 2025 Session

Updated Feb 23, 2026
Notable

Summary

Session
2025 Regular Session
Title
Real estate transactions; required disclosures; description of brokerage services; terms of compensation; required written brokerage agreements under certain circumstances
Summary

SB154 would require real estate licensees to give consumers a written disclosure of brokerage services and compensation before showing a property, and to limit when a written brokerage agreement is required.

What This Bill Does

A consumer must receive a disclosure form before a licensee shows a property, describing brokerage services and how the licensee is paid. After disclosure, the consumer can choose to enter into a brokerage agreement, but a written agreement is not required just to view a property. A written brokerage agreement is required only if the licensee will list the property for sale or submit an offer on behalf of the consumer, and it must state the terms of compensation for the licensee and company. The bill also requires referral agreements between licensees to be in writing and mandates uniform disclosure forms for all Alabama real estate firms; it takes effect 30 days after enactment.

Who It Affects
  • Consumers (buyers and sellers) who work with real estate licensees; they will receive disclosures and decide whether to sign a brokerage agreement, with viewing not requiring an agreement.
  • Real estate licensees and brokerage companies (and referral networks); they must provide disclosures, use uniform forms, and limit written agreements to certain transactions.
Key Provisions
  • Disclosures before showing: licensee must provide a standard written disclosure form describing brokerage services and compensation, with forms standardized by the Alabama Real Estate Commission.
  • Brokerage agreements and referrals: a written brokerage agreement is required only for listing a property or submitting an offer, must spell out compensation terms, and all referral agreements between licensees must be in writing.
AI-generated summary using openai/gpt-5-nano on Feb 22, 2026. May contain errors — refer to the official bill text for accuracy.
Subjects
Property & Estates

Bill Actions

S

Currently Indefinitely Postponed

S

Read for the Second Time and placed on the Calendar

S

Reported Out of Committee House of Origin

S

Pending Senate Banking and Insurance

S

Read for the first time and referred to the Senate Committee on Banking and Insurance

Calendar

Hearing

Senate Banking and Insurance Hearing

Finance and Taxation at 10:30:00

Bill Text

Documents

Source: Alabama Legislature