Real Estate information you should know

State of Connecticut
Real Estate Law and Regulations

The conduct of Real estate Brokers and Sales Persons

"Pg: 40-41. Connecticut Real Estate Commission Policy on Agency.

Section 5c:
Working with Buyers. 
c. The licensee cannot do the following for a buyer, unless either


(1)
a written buyer agency agreement is entered into or

(2)
the licensee is going to represent the seller and has presented the buyer with the form agency disclosure notice (given to unrepresented persons) stating that the licensee represents the seller (and for cooperating sales, obtains the seller’s consent to sub agency):

(i) ask the buyer to disclose confidential information (including information about the buyers financial status, reasons for purchasing, ect);

(ii) express an opinion on or give advise about particular real estate (note that a licensee representing the seller should be cautious expressing an opinion or giving advise);

(iii) physically show the buyer in-house-listings;

(iv) physically show the buyer property listed with another firm; or

(iv) discuss an offer with the buyer; or

(v) engage in any verbal or written negotiations on the buyers behalf concerning the price or any terms or conditions of the purchase".



Contracts and other Written Agreements

Your Agent should always provide you with a copy of any items signed. It does not have to be supplied at the time of signing, however should be handed to the signer at the most earliest convenience

License

You have the right to request a visual inspection of an Agents License

Regulations

Connecticut is the only State in the country that requires a written exam be taken along side the traditional national exam. Connecticut Law requires agents to continue their education for the duration of their career.

Review
Connecticut Real Estate Laws and Regulations (rev. 10/06) Below

State of Connecticut
Laws and Regulations Link

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