NYC Council Introduction 785

intro.nyc/0785-2024 2024-2025 Legislative Session
Distressed property consultant disclosures and homeowner foreclosure prevention education.
Status: Committee Committee on Consumer and Worker Protection
Sponsored by Public Advocate Jumaane Williams
Introduced: April 11, 2024

This bill would expand on the disclosures distressed property consultants are required to make to prospective customers. This bill would also require the Department of Finance, in conjunction with the Department of Consumer and Worker Protection and the Department of Housing Preservation and Development, to create and make available a guide for homeowners regarding foreclosure prevention education.