New York A00375 mandates online property marketplaces to verify the authorization of individuals listing or claiming properties or rentals before.
New York A00375 amends the general business law by adding a new section requiring online property marketplaces to verify the authorization of individuals listing or claiming properties or rentals. This verification must be conducted through a method designed to prevent fraudulent claims. Online marketplaces found in violation of this section face a civil penalty of five hundred dollars per listing. The act will take effect one year after it becomes law.
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