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Connecticut General Statutes Title 20. Professional and Occupational Licensing, Certification, Title Protection and Registration. Examining Boards § 20-325b. Certain real estate agreements to contain notice regarding commissions. Requirements

Current as of January 01, 2025 | Updated by FindLaw Staff

Each written agreement which fixes the compensation to be paid to a real estate broker for the sale, lease or purchase of real property shall contain the following statement in not less than ten point boldface type or in a manner which otherwise stands out significantly from the text immediately preceding any provision of such agreement relating to compensation of the broker:

“NOTICE: THE AMOUNT OR RATE OF REAL ESTATE BROKER COMPENSATION IS NOT FIXED BY LAW. IT IS SET BY EACH BROKER INDIVIDUALLY AND MAY BE NEGOTIABLE BETWEEN YOU AND THE BROKER.”

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Cite this article: FindLaw.com - Connecticut General Statutes Title 20. Professional and Occupational Licensing, Certification, Title Protection and Registration. Examining Boards § 20-325b. Certain real estate agreements to contain notice regarding commissions. Requirements - last updated January 01, 2025 | https://codes.findlaw.com/ct/title-20-professional-and-occupational-licensing-certification-title-protection-and-registration-examining-boards/ct-gen-st-sect-20-325b/

Read this complete Connecticut General Statutes Title 20. Professional and Occupational Licensing, Certification, Title Protection and Registration. Examining Boards § 20-325b. Certain real estate agreements to contain notice regarding commissions. Requirements on Westlaw. Westlaw subscription required.

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