Signed by Governor Ned Lamont

Vote Smart's Synopsis:

Vote to pass a bill that prohibits real estate listing providers from engaging in unfair business and creating unfair agreements for individuals interested in real estate property in Connecticut

Highlights:

• Defines unfair real estate listing agreement as any agreement that does not require the real estate agent to engage with components of a listing within a year time period (Sec. 1).

• Specifies that unfair real estate practices can be labeled as deceptive trade (Sec. 2).

• Defines record as presenting an instrument to the town clerk to then place in the town land records (Sec. 1).

• Defines rerecord as presenting any information that has been recorded previously in the town land records (Sec. 1).

• Prohibits individuals from recording or rerecording unfair listing agreements and prohibits the individual from providing other related notices (Sec. 3).

• Requires individuals who have an interest in the property that is subject of an unfair agreement to declare the agreement to be void in the superior court (Sec. 5).

• Authorizes the commissioner to request a temporary restraining order for anyone found to be violating the various provisions of the legislation (Sec. 8).

Full Bill Text