Connecticut 2015 Regular Session

Connecticut Senate Bill SB00756 Compare Versions

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1-General Assembly Committee Bill No. 756
2-January Session, 2015 LCO No. 3321
3- *03321SB00756INS*
1+General Assembly Proposed Bill No. 756
2+January Session, 2015 LCO No. 1556
3+ *01556*
44 Referred to Committee on INSURANCE AND REAL ESTATE
55 Introduced by:
6-(INS)
6+SEN. KELLY, 21st Dist.
77
88 General Assembly
99
10-Committee Bill No. 756
10+Proposed Bill No. 756
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1212 January Session, 2015
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14-LCO No. 3321
14+LCO No. 1556
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16-*03321SB00756INS*
16+*01556*
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1818 Referred to Committee on INSURANCE AND REAL ESTATE
1919
2020 Introduced by:
2121
22-(INS)
22+SEN. KELLY, 21st Dist.
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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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28-Section 1. (NEW) (Effective October 1, 2015) (a) Not later than April 1, 2016, 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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30-(b) On and after January 1, 2017, 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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35-This act shall take effect as follows and shall amend the following sections:
36-Section 1 October 1, 2015 New section
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38-This act shall take effect as follows and shall amend the following sections:
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40-Section 1
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42-October 1, 2015
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44-New section
28+That the general statutes be amended to require a standardized contract form to be used state-wide for the sale of residential real property.
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4630 Statement of Purpose:
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48-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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50-[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.]
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54-Co-Sponsors: SEN. KELLY, 21st Dist.
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56-Co-Sponsors:
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58-SEN. KELLY, 21st Dist.
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60-S.B. 756
32+To require a standardized contract form to be used state-wide for the sale of residential real property.