H.R. 3414 · 108th Congress
American Homebuyers Protection Act
- Stage
- In committee
- Sponsor
- Charlie Gonzalez
- Introduced
- 2003-10-30
- Latest action
- 2003-11-17 · Referred to the Subcommittee on Housing and Community Opportunity.
Summary
American Homebuyers Protection Act - Prohibits a person engaged in the construction of new homes from: (1) requiring a home purchaser to enter into a mandatory arbitration agreement as a condition precedent to entering into a purchase contract; and (2) offering a home purchaser a contract which includes a mandatory arbitration agreement unless such agreement is a separate agreement.