House Bill No. by Representative Mandie Landry aims to enhance consumer protection in real estate transactions by requiring the disclosure of hidden fees or conditions. The bill amends R.S. 51:1429(A) and enacts R.S. 51:1429(B)(3), introducing new definitions such as "real estate activity" and "seller." It specifies that a "seller" includes anyone who lists real estate with an agent or receives an offer to purchase or lease their property.

The bill explicitly prohibits any person from conducting real estate activities that deceive or mislead prospective buyers or lessees by hiding fees or conditions. It states that any fee or condition disclosed only after an application fee is paid will be considered hidden. This legislation aims to ensure transparency in real estate transactions, protecting consumers from unfair or deceptive practices.

Statutes affected:
HB580 Original: 51:1429(A)