A new mandatory disclosure aimed at combating discrimination in real estate transactions has been approved by the Ohio House Civil Justice Committee. This initiative, part of House Bill 438, requires all sellers of real estate in Ohio to acknowledge their understanding of anti-discrimination laws and the potential penalties for violations.

During the committee meeting, Representative Williams highlighted that concerns from the Realtors Association and bankers regarding earlier language in the bill have been addressed. The revised bill has garnered support from the Realtors Association, signaling a collaborative effort to enhance transparency in real estate dealings.

The disclosure will serve as a standalone document, ensuring that sellers are clearly informed about the illegality of discrimination in the home buying process. Representative Schmidt noted that while this information was previously included in contracts, it was often overlooked. The new format aims to amplify awareness and ensure compliance with existing laws.

The committee unanimously passed the amended bill, which will now move forward for further processing. This legislative step is seen as a significant move towards fostering equality in housing opportunities across Ohio.