Southbury Realestate, Century 21 the Nyman Group

David Nyman Realtors

Home Services / Nyman Group

Jeff Colt Sells Connecticut

With Century 21 Home Services, The Nyman Group, Southbury CT.

Jeff Colt

Sells

Connecticut

Jeff's page was last updated on: January 9, 2009

Jeffrey D. Colt - Sales Associate - Century 21 Home Services / Nyman Group Southbury, CT. - 203-262-2003 - e mail: rltymn1@yahoo.com

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Brokerage Laws

Jeff Colt

Sales Associate

Century 21

Home Services Scalzo

Nyman Group

Exclusive Agency Right Represent Buyer

Exclusive Right to Sell

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REAL ESTATE LICENSING LAW: BROKERS AND SALESPERSONS

Connecticut Real Estate Commission

(for full coverage of all Real Estate Laws go to:)

http://www.state.ct.us/dcp

Sec. 20-325d. Disclosure of representation. On and after January 1, 1995, a real estate broker or real estate salesperson licensed under this chapter, who is acting as an agent of the seller or lessor, shall make a written disclosure of whom he represents in a real estate transaction to prospective purchasers and lessees at the beginning of the first personal meeting concerning the prospective purchaser's or lessee's specific needs, unless such prospective purchaser or lessee is represented by another real estate broker or real estate salesperson licensed under this chapter. Such disclosure shall be signed by the prospective purchaser or lessee and attached to any offer or agreement to purchase or lease signed by the prospective purchaser or lessee. Whenever any real estate broker or real estate salesperson intends to act as an agent for the prospective purchaser or lessee, he shall disclose such intended representation to the seller or lessor at the beginning of the first personal meeting with the seller or lessor concerning the seller's or lessor's real property, unless such seller or lessor is represented by another real estate broker or real estate salesperson licensed under this chapter. On or before January 1, 1995, the commissioner of consumer protection, shall adopt such regulations in accordance with chapter 54 as the commissioner deems necessary to carry out the provisions of this section.

Sec. 2. Designated agency allowed. Any real estate broker, or person licensed under chapter 392 of the general statutes authorized by such broker, may appoint, at the option of such broker or authorized person, one or more designated seller agents as additional agents for a seller or landlord or a designated buyer agent as an additional agent for a buyer or tenant. Such designation may be made with regard to a particular transaction only. Upon such designation, the responsibility to satisfy the respective duties as a seller’s or landlord’s agent or as a buyer’s or tenant’s agent shall be the primary responsibility of the individual so designated, who shall not be deemed a dual agent, except in the case of an individual designated to represent both a seller and buyer in the same transaction. Nothing in this section shall be construed to prohibit other forms of agency relationships allowed by law.

Sec. 3. Regulations. On or before October 1, 1999, the Commissioner of Consumer Protection shall adopt regulations, in accordance with the provisions of chapter 54 of the general statutes, to prescribe (1) a form of written notice to be issued to the consumer upon the appointment of a designated seller agent or designated buyer agent, and (2) a form of written consent to be signed by all parties.