CT HB06432

Real estate brokers and salespersons must disclose in writing which party they represent to unrepresented parties in a transaction, effective January 1, 2018

For residential properties, disclosure must occur at the beginning of the first personal meeting concerning either the buyer/lessee's needs or the seller/lessor's property

For commercial real estate transactions, disclosure must occur before the prospective purchaser or lessee signs the purchase contract or lease

Brokers must record a notice of commission rights in the town clerk's land records within 60 days after lease execution, tenant occupancy, or rent commencement date (whichever is later)

The notice of commission rights must be signed by the broker or authorized representative and include owner, landlord, tenant, lease terms, project name, broker name, address, license number, and phone number