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.
Actions
Jun 25, 2001
Referred to the Subcommittee on Housing and Community Opportunity.
Jun 5, 2001
Referred to the House Committee on Financial Services.