Connecticut General Statutes
Chapter 826 - Real Estate Syndicates
Section 47-100. - Sale does not require licensure as real estate salesperson or broker.

The sale of real estate syndicate securities shall not be an act requiring licensure as a real estate salesperson or broker as defined in section 20-311.

(P.A. 73-593, S. 33, 35; P.A. 96-200, S. 25.)
History: P.A. 96-200 substituted “salesperson” for “salesman”.

Structure Connecticut General Statutes

Connecticut General Statutes

Title 47 - Land and Land Titles

Chapter 826 - Real Estate Syndicates

Section 47-91. - Definitions.

Section 47-92. - Qualification of real estate syndicate securities; issuance of permit.

Section 47-93. - Expert opinion.

Section 47-94. - Grounds for refusal of permit. Appeal, hearing.

Section 47-95. - Amendment to offering; commission approval; effective date.

Section 47-96. - Permit fees. Determination of value of securities.

Section 47-97. - No endorsement by commission to be implied by filing of application, qualification of securities or exemption. Inconsistent representations to purchasers prohibited. Permit to indicate permissive nature.

Section 47-98. - Sale of unqualified real estate syndicate securities prohibited.

Section 47-99. - Advertisement of securities; prior filing; hearings; media responsibility.

Section 47-100. - Sale does not require licensure as real estate salesperson or broker.

Section 47-101. - Exceptions.

Section 47-102. - Waiver of chapter void. Exception.

Section 47-103. - Real Estate Commission to establish regulations. Hearings.

Section 47-104. - Required form of sales contracts.

Section 47-105. - Required records and reports. Examination of records; examination costs.

Section 47-106. - Penalty for false statement.

Section 47-107. - Investigations by commission; powers.

Section 47-108. - Appointment of attorney for service.

Section 47-109. - Actions, limitation of time, prerequisite.

Section 47-110. - Remedy of buyers.

Section 47-111. - Order to cease and desist. Hearing.

Section 47-112. - Injunctive and other relief.

Section 47-113. - Violations punished by fine or imprisonment.

Section 47-114. - Reservation of other punishments.

Section 47-115. - Burden of proof of exemptions or exceptions.