H.R.2053: American Homebuyers Protection Act

About This Bill

Bill 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.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Financial Services.
Referred to the Subcommittee on Housing and Community Opportunity.
June 5, 2001

Introduced in the House by Charlie Gonzalez (D-Texas)

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