Requires real estate brokers and salespersons to collect and disclose client demographic data to the secretary of state.
This bill mandates that real estate brokers and salespersons in New York collect demographic information from clients, including race, ethnicity, and gender. Brokers and salespersons must submit this data to the secretary of state annually by March 1st. The secretary of state will maintain a database of this information, accessible only to the governor, attorney general, and legislative leaders, and will issue an annual report on the aggregate demographic data. The data must be anonymized to protect client identities.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.