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CT HB06144

Bill

Official Source

Status

Introduced

1/22/2025

Primary Sponsor

John-Michael Parker

Click for details

Origin

House of Representatives

2025 General Assembly

AI Summary

  • Extends Common Interest Ownership Act resale certificate requirements to common interest communities established before January 1, 1984
  • Currently, resale certificate provisions only apply to communities created after the Act's effective date; this would eliminate that exemption for older communities
  • Resale certificates provide prospective buyers with essential information about a community's financial health, rules, and assessments before purchasing a unit
  • Introduced by Rep. Parker (101st District) and referred to the Insurance and Real Estate Committee

Legislative Description

An Act Requiring That Resale Certificates Apply To Certain Common Interest Communities.

Last Action

Referred to Joint Committee on Insurance and Real Estate

1/22/2025

Committee Referrals

Insurance and Real Estate1/22/2025

Full Bill Text

No bill text available