In the reuse and resale of residential property acquired by a municipality pursuant to subsection (c) of section 48-6, the municipality shall give preference to persons who declare an intent to reside in such property. The municipality may establish financial penalties for failure to reside in such residential property when a declaration has been made. In establishing such penalties the municipality shall take into consideration any mitigating factors.
(P.A. 95-340, S. 6.)
Structure Connecticut General Statutes
Chapter 118 - Neighborhood Revitalization Zones
Section 7-600. - Neighborhood revitalization zones: Establishment.
Section 7-604. - Reuse and resale of property acquired by eminent domain.
Section 7-605. - Waiver of codes and regulations.
Section 7-606. - Receiver of rents.
Section 7-607. - Duties of Office of Policy and Management re neighborhood revitalization zones.