General Assembly Proposed Bill No. 5641
January Session, 2013 LCO No. 1742
Referred to Committee on INSURANCE AND REAL ESTATE
Introduced by:
REP. LOPES T., 24th Dist.
General Assembly
Proposed Bill No. 5641
January Session, 2013
LCO No. 1742
Referred to Committee on INSURANCE AND REAL ESTATE
Introduced by:
REP. LOPES T., 24th Dist.
AN ACT CONCERNING THE REGULATION OF PRIVATE TRANSFER FEES.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to prohibit the imposition of a private transfer fee obligation on a purchaser of real property and require any contract for the sale of real property that is encumbered by a transfer fee obligation imposed prior to the effective date of this act to (1) include a provision disclosing the existence of such obligation and a description of such obligation, or (2) be deemed void and unenforceable.
Statement of Purpose:
To regulate the imposition of private transfer fee obligations on the conveyance of real property in this state.