Subagency disclosures in real estate are more stringent due to which law?

Subagency disclosures in real estate are more stringent largely due to the provisions established under Senate Bill 489. This legislation was enacted to ensure that all parties involved in a transaction are adequately informed about the relationships between agents and their clients. The intention behind the bill is to enhance transparency and protect consumers by requiring brokers and agents to disclose whether they are representing the seller, the buyer, or acting as a dual agent, thereby minimizing potential conflicts of interest.

The requirement for clear disclosures ensures that consumers can make informed decisions when entering into real estate contracts. The emphasis on informed consent and transparency reflects a broader trend in real estate regulation aimed at safeguarding the interests of all parties involved in transactions.

Other legislative options provided do not carry the same implications or focus on subagency disclosures, which is why they are not considered to have the same impact as Senate Bill 489.