Connecticut 2011 Regular Session

Connecticut House Bill HB06309 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Raised Bill No. 6309
22 January Session, 2011 LCO No. 2784
33 *02784_______INS*
44 Referred to Committee on Insurance and Real Estate
55 Introduced by:
66 (INS)
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88 General Assembly
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1010 Raised Bill No. 6309
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1212 January Session, 2011
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1414 LCO No. 2784
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1616 *02784_______INS*
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1818 Referred to Committee on Insurance and Real Estate
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2020 Introduced by:
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2222 (INS)
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2424 AN ACT REQUIRING A STATE-WIDE STANDARDIZED CONTRACT FORM FOR THE SALE OF RESIDENTIAL REAL PROPERTY.
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2626 Be it enacted by the Senate and House of Representatives in General Assembly convened:
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2828 Section 1. (NEW) (Effective October 1, 2011) (a) Not later than April 1, 2012, the Commissioner of Consumer Protection shall, by regulations adopted in accordance with the provisions of chapter 54 of the general statutes, prescribe the form of a standardized contract to be used state-wide for the sale of residential real property in the state.
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3030 (b) On and after January 1, 2013, the commissioner shall make available the standardized contract form prescribed in accordance with subsection (a) of this section to the Division of Real Estate, all municipal town clerks, the Connecticut Association of Realtors, Inc., and any other person or institution that the commissioner believes would aid in the dissemination and distribution of such form. The commissioner shall also cause information concerning such form and the completion of such form to be disseminated in a manner best calculated, in the commissioner's judgment, to reach members of the public, attorneys and real estate licensees.
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3535 This act shall take effect as follows and shall amend the following sections:
3636 Section 1 October 1, 2011 New section
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3838 This act shall take effect as follows and shall amend the following sections:
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4040 Section 1
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4242 October 1, 2011
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4444 New section
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4646 Statement of Purpose:
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4848 To require the Commissioner of Consumer Protection to prescribe the form of a standardized contract to be used state-wide for the sale of residential real property in the state.
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5050 [Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]