Bill Text: CT HB05641 | 2013 | General Assembly | Introduced


Bill Title: An Act Concerning The Regulation Of Private Transfer Fees.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2013-01-23 - Referred to Joint Committee on Insurance and Real Estate [HB05641 Detail]

Download: Connecticut-2013-HB05641-Introduced.html

General Assembly

 

Proposed Bill No. 5641

 

January Session, 2013

 

LCO No. 1742

   

Referred to Committee on INSURANCE AND REAL ESTATE

 

Introduced by:

 

REP. LOPES T., 24th Dist.

 

AN ACT CONCERNING THE REGULATION OF PRIVATE TRANSFER FEES.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That the general statutes be amended to prohibit the imposition of a private transfer fee obligation on a purchaser of real property and require any contract for the sale of real property that is encumbered by a transfer fee obligation imposed prior to the effective date of this act to (1) include a provision disclosing the existence of such obligation and a description of such obligation, or (2) be deemed void and unenforceable.

Statement of Purpose:

To regulate the imposition of private transfer fee obligations on the conveyance of real property in this state.

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