Conn. Gen. Stat. § 47-NEW

Current with legislation from 2024 effective through July 1, 2024.

Section 47-NEW - [Newly enacted section not yet numbered] Definitions

For the purposes of this section and sections 2 to 6, inclusive, of this act:

(1) "Person" has the same meaning as provided in section 1-79 of the general statutes;

(2) "Record" means to present any instrument to a town clerk for placement in the land records pursuant to section 7-24 of the general statutes;

(3) "Rerecord" means to present any previously recorded instrument to a town clerk for placement in the land records pursuant to section 7-24 of the general statutes;

(4) "Residential real property" means one-family to four-family residential real estate located in this state;

(5) "Real estate listing agreement" means any contract under which a real estate listing provider agrees to provide any real estate listing to any person in connection with any sale of residential real property;

(6) "Real estate listing provider" means any person who (A) is a party to a real estate listing agreement, and (B) provides, or agrees to provide, any real estate listing under the real estate listing agreement; and

(7) "Unfair real estate listing agreement" means any real estate listing agreement that (A) is entered into on or after July 1, 2024, (B) does not require the real estate listing provider who is a party to such agreement to perform any part of the real estate listing pursuant to such agreement within the one-year period immediately following the date on which the parties to such agreement entered into such agreement, and (C) (i) purports to run with the land or bind future owners of interests in the residential real property that is the subject of such agreement, (ii) allows for any assignment of any right to provide the real estate listing under such agreement without first providing notice to, and obtaining consent from, the owner of the residential real property that is the subject of such agreement, or (iii) purports to create any lien or encumbrance upon, or other security interest in, the residential real property that is the subject of such agreement.

Conn. Gen. Stat. § 47-NEW

Added by P.A. 24-0101,S. 1 of the Connecticut Acts of the 2024 Regular Session, eff. 7/1/2024.