Connecticut General Statutes
Chapter 392 - Real Estate Brokers and Salespersons
Section 20-329f. - Issuance of license. Fees.

(a) The Department of Consumer Protection shall, upon completion of the investigation and inspection as provided in section 20-329e, but, in the absence of any agreement to the contrary between the applicant and the department, not later than three months from the receipt of the completed license application, or receipt of an effective statement of record filed with the Secretary of Housing and Urban Development or successor agency and filed with the department pursuant to subsection (c) of section 20-329b, (1) approve or disapprove the prospectus, property report or offering statement submitted under subsection (c) of section 20-329b or section 20-329d, as the case may be, and (2) if satisfied, issue to the applicant, upon payment to the department of a fee computed as provided in subsection (b) of this section, a license to offer and dispose of in this state the subdivision or parcels, units or other interests in any subdivision that is the subject of the application or such effective statement of record. Such license shall be valid for one year and may be renewed annually upon payment to the department of a fee, computed as provided in subsection (b) of this section, unless there is a material change affecting such subdivision or lot, parcels, units or other interest in any subdivision or the offer or disposition thereof, in which case all new facts shall be reported to the department immediately. Upon receipt of such report or in the event that any such material change is discovered by or comes to the attention of the department through other sources, the department may, after a hearing pursuant to section 20-321, take such action as the department considers necessary, including the suspension or revocation of such license if justified.

(b) The amount any person shall pay for an initial license fee or a renewal license fee for each subdivision covered by the license shall be computed on the basis of the rates set forth in the following schedule.


(1969, P.A. 697, S. 6; 1971, P.A. 488, S. 5; P.A. 73-564, S. 3; P.A. 76-435, S. 27, 82; P.A. 77-614, S. 235, 610; P.A. 82-98, S. 2; P.A. 94-36, S. 4, 42; P.A. 98-10, S. 46; June Sp. Sess. P.A. 98-1, S. 87; P.A. 00-21, S. 4; P.A. 05-288, S. 86; P.A. 09-74, S. 32; June Sp. Sess. P.A. 09-3, S. 243; P.A. 13-196, S. 32.)
History: 1971 act incorporated effective statement of record filed with secretary of housing and urban development as alternative to license application, replaced “sales prospectus” with “prospectus, property report or offering statement”, replaced provision for indefinite validity of license with validity for one year and imposed $100 for renewal; P.A. 73-564 added Subsec. (b) containing fee schedules and added references where appropriate in Subsec. (a); P.A. 76-435 revised fee schedule; P.A. 77-614 replaced “its” with “the” modifying “investigation”, reflecting transfer of investigation power to consumer protection department, effective January 1, 1979; P.A. 82-98 amended Subsec. (b), allowing for determination of license fees according to the number of units; P.A. 94-36 amended Subsec. (a) to eliminate reference to license expiration date, effective January 1, 1995; P.A. 98-10 and June Sp. Sess. P.A. 98-1 made technical changes in Subsec. (a); P.A. 00-21 substituted “for” for “in respect of” in Subsec. (b); P.A. 05-288 made technical changes in Subsec. (a), effective July 13, 2005; P.A. 09-74 made a technical change in Subsec. (a), effective May 27, 2009; June Sp. Sess. P.A. 09-3 amended Subsec. (b) to increase initial and annual renewal fees; P.A. 13-196 amended Subsec. (a) by replacing references to commission with references to Department of Consumer Protection or department and by adding “or successor agency” re Secretary of Housing and Urban Development, effective June 21, 2013.
See Sec. 21a-10(b) re staggered schedule for license renewals.

Structure Connecticut General Statutes

Connecticut General Statutes

Title 20 - Professional and Occupational Licensing, Certification, Title Protection and Registration. Examining Boards

Chapter 392 - Real Estate Brokers and Salespersons

Section 20-311. - Definitions.

Section 20-311a. - Real Estate Commission.

Section 20-311b. - Duties of commission.

Section 20-311c. - Executive director. Expenses of commission members. Records.

Section 20-311d. - Bond for chairperson.

Section 20-311e. - Deposit of fees.

Section 20-311f. - Arbitration of disputes between brokers or salespersons.

Section 20-312. - License required. Imposition of fine. Teams.

Section 20-312a. - Liability of brokers for salespersons affiliated as independent contractors.

Section 20-312b. - Licensed real estate broker or real estate salesperson not deemed “employee” under section 31-275.

Section 20-313. - Application for license.

Section 20-314. - License qualifications. Examinations. Renewals. Fees. Reinstatement. Hearings.

Section 20-314a. - Regulations concerning approval of schools, courses and advertising. Exemption from experience requirement for certain applicants.

Section 20-314b. - Validity of license.

Section 20-314c. - Real estate student intern program. Application. Exemption from license requirements while enrolled in intern program.

Section 20-315. - Bond.

Section 20-316. - Grounds for refusal of license.

Section 20-317. - Persons licensed in another state as a real estate broker or salesperson. Requirements for Connecticut license. Consent to suits and actions.

Section 20-318. - Certificate.

Section 20-319. - Renewal. Continuing education requirements. Regulations.

Section 20-319a. - Change of salesperson's employment or affiliation. Change or transfer of team's registration. Fees.

Section 20-320. - Suspension or revocation of licenses. Fines.

Section 20-320a. - Paid referral of any buyer of real property to an attorney, mortgage broker or lender prohibited. Suspension or revocation of license. Fines.

Section 20-320b. - Prohibition against influencing real estate appraisals. Violation, penalty.

Section 20-321. - Notice and hearing.

Section 20-322. - Appeal.

Section 20-323. - Revocation of license upon conviction of crime.

Section 20-324. - Misrepresentation; penalty.

Section 20-324a. - Real Estate Guaranty Fund.

Section 20-324b. - Fee payable to fund.

Section 20-324c. - Level of guaranty fund. Credits to guaranty fund and General Fund.

Section 20-324d. - Limitation of actions.

Section 20-324e. - Procedure.

Section 20-324f. - Penalty for false or untrue claim.

Section 20-324g. - Procedure for commission.

Section 20-324h. - Payment from guaranty fund.

Section 20-324i. - Regulations.

Section 20-324j. - Appeal of commission decision, order or regulation.

Section 20-324k. - Brokers to maintain escrow or trust account for certain moneys held. Disputed deposits.

Section 20-325. - Engaging in business without license.

Section 20-325a. - Actions to recover commissions arising out of real estate transactions. Real estate broker's lien for real property. Claim for lien. Provisions re commercial real estate transactions.

Section 20-325b. - Certain real estate agreements to contain notice regarding commissions. Requirements.

Section 20-325c. - Real estate broker or salesperson acting as mortgage broker.

Section 20-325d. - Disclosure of representation. Regulations.

Section 20-325e. - Hearings re real property claims for liens. Foreclosures. Judicial intervention.

Section 20-325f. - Broker subagency. Written consent of client required. Vicarious liability of principal.

Section 20-325g. - Dual agency consent agreements. Conclusive presumption of informed consent.

Section 20-325h. - Prohibitions on use or disclosure of confidential information.

Section 20-325i. - Designated buyer agents and seller agents.

Section 20-325j. - Regulations re appointment of designated buyer or seller agent.

Section 20-325k. - Commercial real estate transactions. Notice of commission rights.

Section 20-325l. - Cooperation with out-of-state brokers and salespersons regarding commercial real estate transactions in this state.

Section 20-325m. - Real estate brokers to retain certain real estate transaction records.

Section 20-326. - Report to Governor.

Section 20-327. - Employees.

Section 20-327a. - Periodic publication of information and material.

Section 20-327b. - Residential condition reports. Exemptions. Templates.

Section 20-327c. - Credit due purchaser at closing if report not furnished. Exception. Civil action for nondisclosure of certain defects.

Section 20-327d. - No new implied or express warranties created. Seller not required to secure inspections, tests or other methods of determining condition of property.

Section 20-327e. - Seller's representations construed to extend to his actual knowledge only.

Section 20-327f. - Notice re existence of hazardous waste facilities. Liability not imposed by section. Seller and licensee not required to participate in compiling list of facilities.

Section 20-327g. - Notice of list of properties upon which hunting or shooting sports regularly take place. Liability not imposed by section.

Section 20-327h. - Notice re housing discrimination and fair housing laws.

Section 20-328. - Regulations.

Section 20-329. - Exceptions concerning the licensure of brokers and salespersons.

Section 20-329a. - Advertising and sale in this state of property in another state: Definitions.

Section 20-329aa. - Appeal.

Section 20-329b. - Excepted activities. Filing fees.

Section 20-329bb. - Exemptions.

Section 20-329c. - Secretary as agent for service of process; bond; license required.

Section 20-329cc. - “Nonmaterial fact concerning real property” defined.

Section 20-329d. - Submission of documents, promotional plan and advertising materials to department. Filing fees.

Section 20-329dd. - Nonmaterial fact concerning real property. No disclosure required. No cause of action.

Section 20-329e. - Investigation by department.

Section 20-329ee. - Purchaser or lessee may request written disclosure of property's status re homicide, other felony or suicide.

Section 20-329f. - Issuance of license. Fees.

Section 20-329ff. - Legal rights retained for physical deficiencies.

Section 20-329g. - Reference to commission or department prohibited.

Section 20-329gg. - Exemptions. Federal transactions.

Section 20-329h. - Rights of purchasers.

Section 20-329i. - Penalty.

Section 20-329j. - Commission members may not participate.

Section 20-329k. - Nonliability of advertising media.

Section 20-329l. - Appeal.

Section 20-329m. - Regulations.

Section 20-329n. - Deposits of purchasers and lessees to be held in escrow.

Section 20-329o. - Real property securities dealers. Definitions. Certain sales not deemed a sale to the public.

Section 20-329p. - License and endorsement requirements.

Section 20-329q. - Statement to purchaser.

Section 20-329r. - Appraisal of real property.

Section 20-329s. - Filing and approval of materials to be used by dealer.

Section 20-329t. - Annual financial report.

Section 20-329u. - Desist order for violation. Appeal.

Section 20-329v. - Permit to sell real property security required. Application.

Section 20-329w. - Issuance or denial of permit. Limitation of commission's authority. Hearing.

Section 20-329x. - Prohibited acts. Penalty.

Section 20-329y. - Civil action for injury from transaction.

Section 20-329z. - Regulations.