§ 20-320a — Paid referral of any buyer of real property to an attorney, mortgage broker or lender prohibited.

Connecticut § 20-320a

• Jurisdiction: Connecticut
• Title 20: Professional and Occupational Licensing, Certification, Title Protection and Registration. Examining Boards
• Ch. 392: Real Estate Licensees

Text

No real estate licensee, no person affiliated with a real estate licensee, and no person engaging in the real estate business may receive a fee, commission or other form of referral fee for the referral of any buyer of real property to (1) an attorney-at-law admitted to practice in this state or any person affiliated with such attorney or (2) any mortgage broker, any lender, as defined in subdivision (5) of section 49-31d, or any person affiliated with such mortgage broker or lender.

Legislative History

(P.A. 94-240, S. 11; P.A. 96-200, S. 14; P.A. 98-10, S. 17; June 30 Sp. Sess. P.A. 03-6, S. 146(d); P.A. 04-169, S. 17; 04-189, S. 1; P.A. 16-185, S. 30; P.A. 23-84, S. 18.) History: P.A. 96-200 substituted “salesperson” for “salesman”; P.A. 98-10 made technical changes; June 30 Sp. Sess. P.A. 03-6 and P.A. 04-169 replaced Department of Consumer Protection with Department of Agriculture and Consumer Protection, effective July 1, 2004; P.A. 04-189 repealed Sec. 146 of June 30 Sp. Sess. P.A. 03-6, thereby reversing the merger of the Departments of Agriculture and Consumer Protection, effective June 1, 2004; P.A. 16-185 amended Subsec. (b) to add provision re commission's suspension or revocation of license or imposition of fine to be proposed final decision and submitted to commissioner, effective July 1, 2016; P.A. 23-84 deleted Subsec. designator (a), substituted references to real estate licensee for references to real estate broker and real estate salesperson, and deleted former Subsec. (b) re complaints and penalties, effective April 1, 2024.