What's happening
This bill requires online property marketplaces to verify property and rental listings to prevent fraudulent claims, with penalties for violations.
Why it matters
Increases accountability for online property marketplaces. by making them directly liable for ensuring that only authorized individuals can list or claim ownership of properties or rentals, potentially reducing scams and fraudulent listings.
Establishes a specific verification standard. , requiring marketplaces to use methods “reasonably designed” to prevent and detect fraud, which could lead to the adoption of more robust identity and ownership verification technologies.
Imposes clear financial penalties. $500 per violation—which creates a strong incentive for platforms to comply and may result in increased operational costs or changes in user onboarding processes.
Broadly defines covered platforms. to include any internet-connected website, app, or software that allows property listings and provides owner or agent contact information, ensuring the law’s reach covers both traditional real estate portals and newer, peer-to-peer rental services.
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Who cares
Online property marketplaces
Platforms would have to verify authorization before allowing listings or ownership claims, using methods reasonably designed to prevent fraud, or face a $500 civil penalty per violating listing.
Property owners and listing agents
They would need their authority verified before listing a property or rental or claiming ownership of an existing listing.
Renters and property buyers
They would encounter listings subject to verification requirements designed to detect and prevent fraudulent property or rental claims and listings.
Headline styles
Verify Online Rental Listings
Plain English, a few words. Used as the page title.
Sponsors
No co-sponsors yet.
History
- Referred to consumer affairs and protection
- Referred to consumer affairs and protection
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
375
2025-2026 Regular Sessions
IN ASSEMBLY (Prefiled)
January 8, 2025
Introduced by M. of A. VANEL -- read once and referred to the Committee on Consumer Affairs and Protection
AN ACT to amend the general business law, in relation to requiring verification of property and rental listings on online property marketplaces
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. The general business law is amended by adding a new section 396-ddd to read as follows:
§ 396-ddd. Verification of property and rental listings on online property marketplaces. 1. No online property marketplace shall allow a property or rental to be listed on its website, application or software nor permit any person to claim ownership of an existing property or rental listing without first verifying that the person listing or claiming the property or rental is authorized to do so. For the purposes of this section, "online property marketplace" shall mean any website, application, or software connected to the internet which, in the regular course of business, allows members of the public to add and view property or rental listings and which provide a contact method or contact information to contact the owners or agents of such properties or rental listings.
2. The verification required by subdivision one of this section shall be conducted through a method reasonably designed to detect and prevent fraudulent property or rental claims and listings.
3. An online property marketplace shall be liable for a civil penalty of five hundred dollars per listing which is listed or claimed in violation of this section.
§ 2. This act shall take effect one year after it shall have become a law.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD01926-01-5
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.