Connecticut​ Out of State Broker Cooperation- An out-of-state licensee can recover commission for real estate transactions when it meets specific statutory requirements, including:
a) out-of-state licensee cooperates with a Connecticut licensed broker; b) enters into written agreement with licensed Connecticut broker meeting statutory requirements; c) provides proof of license; d) escrows funds according to Connecticut law. - All advertising in Connecticut must reference in-state cooperating broker. |
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Connecticut Real Estate ReciprocityAlabama, Colorado, Florida, Georgia, Illinois, Indiana, Massachusetts, Mississippi, Nebraska, New York, Ohio, Oklahoma, Rhode Island
Note: Licensees of Florida, Illinois, Indiana, Ohio have to take an additional State portion of the Connecticut Real Estate Exam. Confirmed by Connecticut Department of Consumer Protection. |
Specific to Connecticut Real Estate |
Connecticut Reverse ReciprocityThese states specifically mention Connecticut in their Reciprocity: Florida, Illinois, Massachusetts, Nevada (Salesperson Only), New York, Ohio These States recognize any other State licenses but may have additional requirements: Alaska, Alabama, Colorado, Georgia, Idaho, Indiana, Kansas, Kentucky, Maine, Nebraska, North Carolina, Rhode Island, South Dakota, Tennessee, Vermont, Washington |
Connecticut Real Estate Links |
Connecticut Real Estate Customs
Attorneys normally conduct closings.
Most often conveyance is by warranty deed, but quitclaim deeds do appear. Mortgages are the security instruments.
There are lender’s and owner’s title insurance policies available with various endorsements.
Buyers customarily pay for examination and title insurance, while sellers pay the documentary and conveyance taxes.
Property tax payment dates vary by town.
Most often conveyance is by warranty deed, but quitclaim deeds do appear. Mortgages are the security instruments.
There are lender’s and owner’s title insurance policies available with various endorsements.
Buyers customarily pay for examination and title insurance, while sellers pay the documentary and conveyance taxes.
Property tax payment dates vary by town.