Summary: H.R.2053 — 107th Congress (2001-2002)All Information (Except Text)

There is one summary for H.R.2053. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (06/05/2001)

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.