Substitute House Bill No. 6769, Public Act No. 23-84, is an act that updates and amends the existing real estate statutes, with an effective date of April 1, 2024. The bill introduces new definitions and clarifications for terms such as "advertising," "associate broker," "leasing agent," and "engage in the real estate business," among others, to better reflect current practices and regulatory requirements. It also includes deletions of outdated language, renumbering of sections for consistency, and adjustments to definitions to align with the new insertions. For example, the term "engaging in the real estate business" has been updated to "engage in the real estate business" and now encompasses a broader range of activities. The bill also clarifies what constitutes "influencing residential real estate appraisals" and defines the role of a "leasing agent" in real estate transactions.

The bill outlines new requirements for schools offering real estate prelicensing or continuing education courses, including registration with the department, instructor qualifications, and course content. It mandates that prelicensing courses be provided in-person or via live online format and includes provisions for ensuring students complete courses within the specified duration. Real estate licensees must provide and obtain signatures on forms from buyers or renters and their interpreters, confirming that the obligations of a contract or agreement were explained in the buyer's or renter's native language. The bill also specifies procedures for appointing a custodial broker when a real estate broker dies or becomes incapacitated, and it includes amendments to the general statutes, such as the deletion of specific references to "real estate brokers and real estate salespersons" and their replacement with "real estate licensees." The bill mandates that no person shall act as a real estate licensee without a license and allows the commissioner to contract out the administrative processing of license renewals.

Statutes affected:
Raised Bill: 20-311, 20-311b, 20-312, 20-312b, 20-314, 20-314a, 20-317, 20-319, 20-319a, 20-320, 20-320a, 20-323, 20-324a, 20-324b, 20-324d, 20-324i, 20-325, 20-325c, 20-325d, 20-325f, 20-325h, 20-325l, 20-325m, 20-327c, 20-328, 20-329, 20-329a, 20-329n
GL Joint Favorable Substitute: 20-311, 20-311b, 20-312, 20-312b, 20-314, 20-314a, 20-317, 20-319, 20-319a, 20-320, 20-320a, 20-323, 20-324a, 20-324b, 20-324d, 20-324i, 20-325, 20-325c, 20-325d, 20-325f, 20-325h, 20-325l, 20-325m, 20-327c, 20-328, 20-329, 20-329a, 20-329n
File No. 230: 20-311, 20-312, 20-312b, 20-314, 20-314a, 20-317, 20-319, 20-319a, 20-320, 20-320a, 20-323, 20-324a, 20-324b, 20-324d, 20-324i, 20-325, 20-325c, 20-325d, 20-325f, 20-325h, 20-325l, 20-325m, 20-327c, 20-328, 20-329, 20-329a, 20-329n
INS Joint Favorable: 20-311, 20-311b, 20-312, 20-312b, 20-314, 20-314a, 20-317, 20-319, 20-319a, 20-320, 20-320a, 20-323, 20-324a, 20-324b, 20-324d, 20-324i, 20-325, 20-325c, 20-325d, 20-325f, 20-325h, 20-325l, 20-325m, 20-327c, 20-328, 20-329, 20-329a, 20-329n
File No. 824: 20-311, 20-311b, 20-312, 20-312b, 20-314, 20-314a, 20-317, 20-319, 20-319a, 20-320, 20-320a, 20-323, 20-324a, 20-324b, 20-324d, 20-324i, 20-325, 20-325c, 20-325d, 20-325f, 20-325h, 20-325l, 20-325m, 20-327c, 20-328, 20-329, 20-329a, 20-329n
Public Act No. 23-84: 20-311, 20-311b, 20-312, 20-312b, 20-314, 20-314a, 20-317, 20-319, 20-319a, 20-320, 20-320a, 20-323, 20-324a, 20-324b, 20-324d, 20-324i, 20-325, 20-325c, 20-325d, 20-325f, 20-325h, 20-325l, 20-325m, 20-327c, 20-328, 20-329, 20-329a, 20-329n