Consumer protection; unsolicited offers to purchase real estate, unfair service contracts, regulated

This bill creates new consumer protections for homeowners against unwanted investment-focused real estate offers and unfair service agreements. It allows the Alabama Securities Commission to investigate and fine those who violate these rules. The bill also requires specific notices in unsolicited offers to buy property, lets owners opt out of future solicitations, and allows cancellation of certain unsolicited purchase contracts.

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