(a) An unlicensed real estate solicitor may not solicit the sale or purchase of a residential, single-family home unless the solicitation includes the following disclosure:
"This solicitation is not from a licensed real estate professional.".
(b) The disclosure required under subsection (a) must meet the following requirements:
- (1) The disclosure must be included in all solicitations made by or on behalf of an unlicensed real estate solicitor for the purpose of soliciting the sale or purchase of a residential, single-family home.
- (2) If the solicitation is in writing, the disclosure must be legible and in plain sight.
- (3) If the solicitation is made aurally, the disclosure must be made clearly and audibly, relative to the clarity and audibility of the audio of the solicitation.
- (4) The disclosure must include the legal name of the unlicensed real estate solicitor and the legal name of the person that is expected to purchase the residential, single-family home if the expected purchaser is not the unlicensed real estate solicitor.
As added by P.L.47-2024, SEC.3.