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Connecticut Legislative Bills

2 legislative bills tracked for real estate wholesalers & investors

High Risk

Last synced: 9h ago

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HB07287Enacted — In ForceIn force since Jul 1, 2026 High Risk

An Act Concerning The State Budget For The Biennium Ending June 30, 2027, And Making Appropriations Therefor, And Provisions Related To Revenue And Other Items Implementing The State Budget.

Summary

  • This bill establishes regulations for real estate wholesalers in Connecticut, requiring them to register with the Department of Consumer Protection and adhere to specific contract guidelines
  • It mandates a review period for sellers and outlines disclosure requirements for wholesalers before contract assignments

What This Means for Wholesalers

  • Real estate wholesalers in Connecticut will need to obtain registration to operate legally, which adds a layer of compliance
  • They must also provide sellers with a review period and written disclosures, significantly changing how they conduct transactions
license required
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SB00340Passed Medium Risk

An Act Concerning Continuing Real Estate Education Requirements, Public Marketing Of Certain Real Estate Listings And Revising The Title Of A Real Estate Salesperson To A Real Estate Agent.

Summary

  • This bill updates the continuing education requirements for real estate professionals and changes the terminology from 'real estate salesperson' to 'real estate agent.' It also introduces a new process for the public marketing of certain real estate listings

What This Means for Wholesalers

  • The bill does not directly address wholesalers or their activities, but the changes in education requirements and marketing processes may indirectly affect how wholesalers operate, especially if they engage in any marketing of properties
  • Wholesalers may need to be more aware of these new marketing regulations to avoid potential legal issues
other
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