CT HB06892

Adds recent property ownership transfer (within 12 months) as a new factor fair rent commissions must consider when evaluating whether rental charges are excessive

Creates a presumption that rent increases greater than 10% are excessive when a property has changed ownership within the preceding 12 months

Allows new owners to exceed the 10% cap if they have completed "major renovations" to the property

Defines "major renovations" as renovations to at least two primary building systems, including plumbing, heating/air conditioning, electrical systems, building envelope, or foundation

Effective July 1, 2025, amending Section 7-148c of Connecticut general statutes