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Tuesday, September 22, 2009

New Laws Affecting Real Estate in Connecticut--Part 1

The Connecticut General Assembly was preoccupied with addressing the severe budgetary crisis affecting the state as a result of the current recession.  Nonetheless, our representatives managed to get some other work done.  This is a first in a series of postings which explain legislative changes to Connecticut real estate laws.

Copies of the complete public acts can be found at the State web site at www.cga.ct.gov.   Just click on “Quick Search,” select “Public Act” and enter the public act number set forth below. 

Public Act 09-127 (HB 6114).  An Act Concerning Disclosure of a Historic District Designation and Leased Items to Prospective Purchasers of Residential Property.

This Act amended Section 20-327b of the general statutes (relating to Residential Condition Reports).  It requires disclosure of a leased item (including, but not limited to, propane fuel tanks, water heaters, major appliances and alarm systems) to prospective purchasers of a residential property.  It also requires disclosure if the real property is located in a municipally-designated village or historic district, or has been designated on the National Register of Historic Places. The Act requires a statement that information concerning those districts may be obtained from the municipality’s village or historic district commission (if applicable).

Signed by the Governor on June 18, 2009; effective from passage.




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