New Rule Effective July 1, 2008 – Shopping Offers Prohibited

A new rule – A.0115 Disclosure of Offers Prohibited – takes effect July 1:

The rule prohibits you from disclosing the price or other material terms in a party’s offer to purchase, sell, lease, rent, or to option real property to a competing party without the express authority of the offering party.

This article came from the May 2008-Vol39-1 edition of the bulletin.