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Submitted to Insurance and Real Estate Committee
February 10, 2009
By
Tim Calnen Vice President of Government Affairs
With all due respect, THIS BILL IS NOT NECESSARY.
Connecticut's Uniform Property Condition Disclosure Act already obligates sellers to disclose to prospective purchasers information pertaining to a home's location in "an historic village or special tax district" and to explain the consequences. This can be found in Item No. 5 of the Report Form embodied in Section 20-327b-1 of the Regulation of State Agencies
The Connecticut Association of REALTORS® along with the Department of Consumer Protection were prime drivers in the effort to enact this disclosure law in 1995. The term "historic village" is broad enough to include historic districts meeting standards of the Department of Interior as well as other forms of design districts.
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