Substitute Senate Bill No. 240
          Substitute Senate Bill No. 240

               PUBLIC ACT NO. 98-10


AN ACT CONCERNING  TECHNICAL  REVISIONS TO CHAPTER
392 OF THE GENERAL STATUTES CONCERNING REAL ESTATE
BROKERS  AND  SALESPERSONS,  TO  CERTAIN  STATUTES
CONCERNING THE CONNECTICUT  REAL ESTATE COMMISSION
AND   THE  CONNECTICUT   REAL   ESTATE   APPRAISAL
COMMISSION, AND TO  CHAPTER  400g  OF  THE GENERAL
STATUTES CONCERNING REAL ESTATE APPRAISERS.


    Be  it  enacted  by  the  Senate  and House of
Representatives in General Assembly convened:
    Section  1.  Section  20-311  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    As used in  this  chapter,  AS AMENDED BY THIS
ACT, UNLESS THE CONTEXT OTHERWISE REQUIRES:
    (1) "Real estate broker" OR "BROKER" means (A)
any  person,  partnership,   association,  limited
liability  company  or   corporation   which,  for
another  and  for   a  fee,  commission  or  other
valuable  consideration, lists  for  sale,  sells,
exchanges, buys or rents, or offers or attempts to
negotiate a sale, exchange, purchase or rental of,
an estate or  interest in real estate, or a resale
of  a mobile  manufactured  home,  as  defined  in
[subsection (a)] SUBDIVISION (1) of section 21-64,
or collects or  offers or attempts to collect rent
for  the use  of  real  estate,  [.  "Real  estate
broker"  also  includes]   AND   (B)  any  person,
partnership,   association,   limited    liability
company or corporation employed by or on behalf of
the owner or  owners  of  lots or other parcels of
real estate, at  a stated salary, upon commission,
upon a salary and commission basis or otherwise to
sell such real  estate,  or  any parts thereof, in
lots or other parcels, and who sells or exchanges,
or offers, attempts  or  agrees  to  negotiate the
sale or exchange  of,  any  such  lot or parcel of
real estate;
    (2) "Real estate salesperson" OR "SALESPERSON"
means a person  affiliated  with  any  real estate
broker as an independent contractor or employed by
a real estate  broker  to  list  for sale, sell or
offer for sale,  to  buy  or  offer  to  buy or to
negotiate the purchase or sale or exchange of real
estate,  or  to   offer   for   resale,  a  mobile
manufactured home, as  defined in [subsection (a)]
SUBDIVISION (1) of  section  21-64, or to lease or
rent or offer to lease, rent or place for rent any
real estate, or  to collect or offer or attempt to
collect rent for  the  use  of  real estate for or
[in] ON behalf  of such real estate broker, or who
offers, sells or  attempts to sell the real estate
or mobile manufactured homes of a licensed broker,
[provided] BUT DOES  NOT  INCLUDE employees of any
real estate broker  whose  principal occupation is
clerical  work  in   an  office,  or  janitors  or
custodians engaged principally in that occupation;
[,  shall  not   be   deemed  to  be  real  estate
salespersons within the terms of this chapter;]
    (3) "Engaging in  the  real  estate  business"
means acting for another and for a fee, commission
or other valuable consideration in the listing for
sale, selling, exchanging,  buying  or renting, or
offering  or  attempting   to  negotiate  a  sale,
exchange, purchase or  rental  of,  an  estate  or
interest in real  estate  or  a resale of a mobile
manufactured home, as  defined in [subsection (a)]
SUBDIVISION (1) of  section  21-64,  or collecting
upon a loan secured or to be secured by a mortgage
or other encumbrance  upon  or  transfer  of  real
estate;
    (4)   "Person"  means   [and   includes]   any
individual,   partnership,  association,   limited
liability company or corporation; AND
    (5) "COMMISSION" MEANS  THE  CONNECTICUT  REAL
ESTATE COMMISSION APPOINTED  UNDER  THE PROVISIONS
OF SECTION 20-311a, AS AMENDED BY THIS ACT.
    Sec.  2.  Section   20-311a   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    (a) There is  created  in  the  Department  of
Consumer Protection the  Connecticut  Real  Estate
Commission.
    (b) The [Real  Estate  Commission]  COMMISSION
shall consist of  eight  persons,  electors of the
state, appointed by  the  Governor.  Three  of the
members  shall  be  at  the  time  of  appointment
licensed real estate  brokers,  two of the members
shall be at  the time of appointment licensed real
estate salespersons and three of the members shall
be public members.  Not  more than a bare majority
of [said] THE  commission  shall be members of the
same political party  and  there shall be at least
one member from each congressional district.
    (c)   The  members   of   the   [Real   Estate
Commission]  COMMISSION  shall   serve  until  the
expiration  of  the   term  for  which  they  were
appointed   and  until   their   successors   have
qualified. Members shall  not  be  compensated for
their  services  but   shall   be  reimbursed  for
necessary expenses incurred  in the performance of
their  duties.  The   Governor   may   remove  any
[commissioner] MEMBER for cause upon notice and an
opportunity  to  be   heard.   Upon   the   death,
resignation or removal  of  a member, the Governor
shall  appoint  a   successor  to  serve  for  the
unexpired portion of  the  vacated  term and until
[his] SUCH MEMBER'S  successor  is  appointed  and
qualifies. Each member shall, before entering upon
his duties, take  and  file  with the [Real Estate
Commission] COMMISSION an  oath TO faithfully [to]
perform the duties of his office.
    Sec.  3.  Section   20-311b   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    (a) Within thirty  days  after the appointment
of the members  of  the  [Real  Estate Commission]
COMMISSION, the commission  shall meet in the city
of  Hartford for  the  purpose  of  organizing  by
selecting such officers  other  than a chairperson
as  the  commission   may   deem   necessary   and
appropriate. A majority  of  the  members  of  the
commission  shall  constitute  a  quorum  for  the
exercise of the powers or authority conferred upon
it.
    (b)   (1)   The   [Real   Estate   Commission]
COMMISSION  shall  authorize   the  Department  of
Consumer  Protection to  issue  licenses  to  real
estate brokers and  real  estate salespersons. The
[Real Estate Commission]  COMMISSION shall receive
and approve applications  for  real estate student
intern  programs pursuant  to  the  provisions  of
section 20-314c, AS AMENDED BY THIS ACT.
    (2) The [Real  Estate  Commission]  COMMISSION
shall administer the  provisions  of this chapter,
AS  AMENDED BY  THIS  ACT,  as  to  licensure  and
issuance,  renewal, suspension  or  revocation  of
licenses concerning the real estate business.
    (c) The commission  shall be provided with the
necessary  office  space   in   Hartford   by  the
Commissioner of Public  Works. [and the] THE PLACE
OF  BUSINESS OF  THE  commission  and  all  files,
records and property  of  the  commission shall at
all times be  and remain [therein] AT SUCH OFFICE,
except that inactive  files  shall  be stored at a
location designated by the commission.
    (d) The commission  shall  hold  meetings  and
hearings in Hartford,  in  space  provided  by the
Commissioner  of Administrative  Services,  or  at
such  places  outside  of  Hartford  as  shall  be
determined by the  chairman of the commission. The
commission shall meet at least once in each [three
months']  THREE-MONTH period  and  may  meet  more
often  [on] AT  THE  call  of  its  chairman.  The
chairman of the commission shall call a meeting of
the commission whenever  requested  to  do so by a
majority of the members of the commission.
    (e) The commission  shall  vote on all matters
requiring a decision  and  votes shall be recorded
in the commission's minutes.
    Sec.  4.  Section   20-311d   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    The chairman OF THE COMMISSION shall be bonded
under the provisions  of section 4-20, in such sum
as  the  State   Insurance  Purchasing  Board  may
prescribe,  with  THE   condition  that  [he]  THE
CHAIRMAN  faithfully perform  the  duties  of  his
office and account  for  all funds received [under
color of his] PURSUANT TO SUCH office.
    Sec.  5.  Section   20-311f   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    The commission shall  have THE power to act as
a board of  arbitration to consider and decide any
dispute over commissions  arising  between brokers
or salespersons THAT  IS  voluntarily submitted to
the commission by the parties to such dispute.
    Sec. 6. Subsection  (a)  of  section 20-312 of
the general statutes is repealed and the following
is substituted in lieu thereof:
    (a) No person  shall  act  as  a  real  estate
broker  or  real   estate  salesperson  without  a
license issued by the commission, unless [exempted
by the provisions  of]  EXEMPT UNDER this chapter,
AS  AMENDED  BY  THIS  ACT.  The  Commissioner  of
Consumer Protection may  enter  into  any contract
for the purpose of administratively processing the
renewal of licenses  on behalf of the [Connecticut
Real Estate Commission] COMMISSION.
    Sec. 7. Section 20-313 of the general statutes
is repealed and  the  following  is substituted in
lieu thereof:
    Any  person  possessing   the   qualifications
prescribed in this  chapter,  AS  AMENDED  BY THIS
ACT, and in any regulations adopted [in conformity
thereto] UNDER THIS  CHAPTER,  AS  AMENDED BY THIS
ACT, who desires  to  engage  in  the  real estate
business shall make  application,  in  writing, as
[hereinafter] provided IN THIS CHAPTER, AS AMENDED
BY THIS ACT,  to  the  commission for the specific
license desired.
    Sec. 8. Section 20-314 of the general statutes
is repealed and  the  following  is substituted in
lieu thereof:
    (a)  Licenses  shall  be  granted  UNDER  THIS
CHAPTER, AS AMENDED  BY  THIS ACT, only to persons
who   bear  a   good   reputation   for   honesty,
truthfulness  and  fair   dealing   and   who  are
competent  to transact  the  business  of  a  real
estate broker or  real  estate salesperson in such
manner  as  to  safeguard  the  interests  of  the
public.
    (b) Each application  for  a  license or for a
renewal thereof shall  be made in writing, on such
forms and in  such  manner as is prescribed by the
Department of Consumer  Protection and accompanied
by such evidence in support of such application as
is prescribed by  the  commission.  The commission
may require such  information  with  regard  to an
applicant as [it]  THE COMMISSION deems desirable,
with due regard  to the paramount interests of the
public, as to the honesty, truthfulness, integrity
and competency of  the  applicant  and,  where the
applicant  is  a   corporation,   association   or
partnership,  as  to  the  honesty,  truthfulness,
integrity and competency  of  the officers of such
corporation or the  members of such association or
partnership.
    (c) In order  to  determine  the competency of
any applicant for  a  real estate broker's license
or  a  real   estate   salesperson's  license  the
commission  shall,  on   payment   to   [it]   THE
COMMISSION of an  application fee of sixty dollars
[,] by an  applicant  for  a  real estate broker's
license or on payment to [it] THE COMMISSION of an
application fee of  forty  dollars by an applicant
for a real  estate  salesperson's license, subject
such applicant to  personal written examination as
to [his] THE  APPLICANT'S  competency  to act as a
real estate broker  or real estate salesperson, as
the  case  may   be.  Such  examination  shall  be
prepared by the  Department of Consumer Protection
or by a national testing service designated by the
Commissioner of Consumer  Protection  and shall be
administered to applicants  by  the  Department of
Consumer Protection or  by such testing service at
such times and  places  as [said] THE commissioner
may deem necessary.  The  commission may waive the
uniform  portion  of   the   written   examination
requirement in the  case  of  an applicant who has
taken the national  testing service examination in
another state within  two  years  from the date of
application  and  has   received  a  score  deemed
satisfactory by the  commission.  The Commissioner
of Consumer Protection shall adopt regulations, IN
ACCORDANCE WITH CHAPTER  54,  establishing passing
scores  for  examinations.  In  addition  to  such
application fee, applicants taking the examination
administered by a  national  testing service shall
be  required  to  pay  directly  to  such  testing
service an examination  fee  covering  the cost of
such examination. Each payment of such application
fee  shall entitle  the  applicant  to  take  such
examination four times  within the one-year period
from the date of payment. Eligibility to take such
examination may be  renewed  annually upon payment
of an additional five-dollar fee.
    (d)  (1) Each  applicant  for  a  real  estate
broker's license shall,  before  being admitted to
such examination, prove to the satisfaction of the
[Real Estate Commission]  COMMISSION: (A) (i) That
[he] THE APPLICANT  has  been actively engaged for
at least two  years  as  a  licensed  real  estate
salesperson under the  supervision  of  a licensed
real estate broker  in  this state, (ii) that [he]
THE APPLICANT has  successfully completed a course
approved  by  the   commission   in   real  estate
principles  and  practices   of  at  least  thirty
classroom hours of  study,  (iii)  that  [he]  THE
APPLICANT  has  successfully  completed  a  course
approved  by  the   commission   in   real  estate
appraisal consisting of  at least thirty classroom
hours of study,  and  (iv) that [he] THE APPLICANT
has successfully completed  a  course  approved by
the  commission  consisting  of  at  least  thirty
classroom hours as  prescribed  by the commission,
or (B) that  [he]  THE  APPLICANT  has  equivalent
experience  or  education  as  determined  by  the
commission.
    (2)  Each  applicant   for   a   real   estate
salesperson's license shall, before being admitted
to such examination,  prove to the satisfaction of
the [Real Estate  Commission]  COMMISSION (A) that
[he] THE APPLICANT  has  successfully  completed a
course approved by  the  commission in real estate
principles and practices  consisting  of  at least
thirty classroom hours  of study, or (B) that [he]
THE  APPLICANT  has   equivalent   experience   or
education as determined by the commission.
    (e) The provisions  of subsections (c) and (d)
of this section  shall not apply to any renewal of
a real estate  broker's  license, or a real estate
salesperson's license issued  prior  to October 1,
1973.
    (f) All licenses  issued  under the provisions
of this chapter,  AS  AMENDED  BY  THIS ACT, shall
expire annually. At  the time of application for a
real estate broker's  license, there shall be paid
to the [Real  Estate  Commission]  COMMISSION, for
each individual applicant  and  for  each proposed
active member or  officer  of a firm, partnership,
association  or  corporation,   the  sum  of  four
hundred fifty dollars,  and for the annual renewal
thereof, the sum  of three hundred dollars and for
a real estate  salesperson's  license  two hundred
twenty-five dollars and  for  the  annual  renewal
thereof  the  sum   of   two  hundred  twenty-five
dollars. If a license is not issued, the fee shall
be  returned.  [Persons  holding  a  current  real
estate broker's or salesperson's license shall not
be required to  pay  the  fee  for  a  residential
appraiser's license or renewal thereof until April
30, 1992, provided  they have met all requirements
set forth in sections 20-508 to 20-511, inclusive,
and 20-515.] A real estate broker's license issued
to  any partnership,  association  or  corporation
shall entitle the  individual  designated  in  the
application, as provided  in  section  20-312,  AS
AMENDED BY THIS  ACT,  upon  compliance  with  the
terms of this chapter, AS AMENDED BY THIS ACT, but
without the payment of any further fee, to perform
all  of  the   acts   of   a  real  estate  broker
[contemplated by] UNDER  this  chapter, AS AMENDED
BY  THIS  ACT,  on  behalf  of  such  partnership,
association  or  corporation.  Any  license  which
expires  AND  IS  NOT  RENEWED  pursuant  to  this
subsection may be  reinstated  by  the commission,
if, not later  than  two  years  after the date of
expiration,  the  former   licensee  pays  to  the
commission for each  real  estate broker's license
the sum of three hundred dollars and for each real
estate  salesperson's  license   the  sum  of  two
hundred  twenty-five  dollars  for  each  year  or
fraction thereof from  the  date  of expiration of
the previous license  to  the  date of payment for
reinstatement,  except  that  any  licensee  whose
license expired after [his entering] SUCH LICENSEE
ENTERED  military  service   shall  be  reinstated
without payment of  any  fee if an application for
reinstatement is filed  with the commission within
two years after  the  date of expiration. Any such
reinstated  license  shall   expire  on  the  next
succeeding April thirtieth.
    (g)  Any person  whose  application  has  been
filed as [herein] provided IN THIS SECTION AND who
is refused a  license  shall  be  given notice and
afforded AN opportunity for hearing as provided in
the  regulations  [established]   ADOPTED  by  the
Commissioner of Consumer Protection.
    Sec.  9.  Section   20-314a   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    The Commissioner of  Consumer Protection, with
the advice and  assistance  of  the  [Real  Estate
Commission]  COMMISSION,  may  [make]  ADOPT  such
reasonable regulations, IN ACCORDANCE WITH CHAPTER
54, as the commissioner [may deem] DEEMS necessary
relating  to  the  approval  of  schools  offering
courses in real estate principles and practice and
related subjects, or  real  estate  student intern
programs, the content  of such courses or programs
and the advertising  to the public of the services
of  such  schools.   Such  regulations  shall  not
require approval of  instructors  at such schools.
The [Real Estate Commission] COMMISSION may exempt
any applicant for  a  real estate broker's license
from the requirements  concerning experience under
the  provisions  of   subsection  (d)  of  section
20-314,  AS AMENDED  BY  THIS  ACT,  if  [it]  THE
COMMISSION  determines  that   such  applicant  is
unable to meet  such  requirements  solely because
such    applicant   has    been    subjected    to
discrimination  based on  race,  creed  or  color,
which discrimination interfered  with  [his]  SUCH
APPLICANT'S ability to meet such requirements.
    Sec.  10.  Section   20-314c  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    Any student who  wishes  to  enroll  in a real
estate student intern program in this state, shall
file  an  application   with   the  [real  estate]
commission.  The  commission  shall  approve  such
application if it  appears  to the satisfaction of
the commission that  the program is provided by an
accredited school and  the  student  will be under
the direct supervision  of  a  real  estate broker
licensed  in  the  state.  The  application  shall
contain the name and address of such licensed real
estate broker, and  a  statement  from  the broker
that [he] SUCH BROKER shall be liable for any acts
of negligence, fraud  or misrepresentation by such
student while under  such broker's supervision. If
the commission approves  the application, [it] THE
COMMISSION  shall exempt  such  student  from  the
license requirements of  this  chapter, AS AMENDED
BY THIS ACT,  during  the  period  in  which  such
student is acting  as  an  intern under the direct
supervision of a  real  estate  broker licensed in
the state while enrolled in such intern program.
    Sec.  11.  Section   20-316   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    (a) No license  UNDER THIS CHAPTER, AS AMENDED
BY THIS ACT,  shall  be denied by the [Real Estate
Commission] COMMISSION to  any  applicant  who has
been convicted of forgery, embezzlement, obtaining
money under false  pretenses,  extortion, criminal
conspiracy to defraud  or  other  like  offense or
offenses, or to  any association or partnership of
which  such  person   is   a  member,  or  to  any
corporation of which  such person is an officer or
in which as  a  stockholder  such  person  has  or
exercises a controlling  interest  either directly
or  indirectly,  except  in  accordance  with  the
provisions of section 46a-80.
    (b) No license  UNDER THIS CHAPTER, AS AMENDED
BY THIS ACT,  shall be issued by the Department of
Consumer Protection to  any  applicant  (1)  whose
application for a  license as a real estate broker
or real estate  salesperson  has,  within one year
prior to the  date  of his application [hereunder]
UNDER THIS CHAPTER,  AS  AMENDED BY THIS ACT, been
rejected in this  state,  in any other state or in
the District of Columbia or (2) whose license as a
real estate broker or real estate salesperson has,
within  one  year   prior   to  the  date  of  his
application  [hereunder] UNDER  THIS  CHAPTER,  AS
AMENDED BY THIS  ACT,  been revoked in this state,
in any other state or in the District of Columbia.
    (c) No license as a real estate broker or real
estate  salesperson shall  be  issued  UNDER  THIS
CHAPTER, AS AMENDED BY THIS ACT, to any person who
has not attained the age of eighteen years.
    (d) The provisions of this section shall apply
to all applicants for licenses UNDER THIS CHAPTER,
AS  AMENDED BY  THIS  ACT,  whether  or  not  such
applicant was engaged  in the real estate business
in this state  on  July  1, 1953, and whenever his
application is filed.
    Sec.  12.  Section   20-317   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    (a) A nonresident  of  this state may become a
real estate broker  or  real estate salesperson by
conforming  to  all  of  the  provisions  of  this
chapter, AS AMENDED  BY  THIS  ACT. The commission
shall recognize a current, valid license issued to
a  currently  practicing,  competent  real  estate
broker or real estate salesperson by another state
as satisfactorily qualifying  him for a license as
a real estate  broker  or  real estate salesperson
under  this  chapter,  AS  AMENDED  BY  THIS  ACT,
provided (1) the  laws of the state of which he is
a resident require that applicants for licenses as
real estate brokers  and  real estate salespersons
shall  establish  their   competency   by  written
examinations and permit  licenses  to be issued to
residents of the  state  of  Connecticut, licensed
under  this  chapter,  AS  AMENDED  BY  THIS  ACT,
without examination, [and  provided  further that]
(2) the licensure  requirements  of such state are
substantially similar to  [,] or higher than those
of this state,  and (3) such broker or salesperson
has  no  disciplinary   proceeding  or  unresolved
complaint pending against him. If the applicant is
a resident of  a  state  which  does not have such
requirement, such applicant  shall  be required to
pass the Connecticut  portion  of  the real estate
examination.
    (b) Every nonresident  applicant shall file an
irrevocable consent that  suits and actions may be
commenced against such  applicant  in  the  proper
court in any  judicial  district  of  the state in
which a cause  of action may arise or in which the
plaintiff  may  reside,  by  the  service  of  any
process or pleading,  authorized  by  the  laws of
this state, on  the  chairman of the [real estate]
commission, such consent  stipulating and agreeing
that such service  of  such  process  or  pleading
shall be taken  and  held  in  all courts to be as
valid and binding as if service had been made upon
such applicant in the state of Connecticut. If any
process or pleadings  [mentioned  in]  UNDER  this
chapter, AS AMENDED  BY  THIS ACT, are served upon
[said] THE chairman,  it  shall  be  by  duplicate
copies, one of  which shall be filed in the office
of  the  commission,  and  the  other  immediately
forwarded by registered  or certified mail, to the
applicant against whom  such  process or pleadings
are directed, at  the  last-known  address of such
applicant  as  shown   by   the   records  of  the
commission. [, and  no]  NO  default  in  any such
proceedings or action  shall  be  taken  unless it
appears  by  affidavit  of  the  chairman  of  the
commission that a  copy of the process or pleading
was mailed to  the  defendant as [herein] required
BY THIS SUBSECTION,  and  no  judgment  by default
shall be taken  in  any  such action or proceeding
within twenty days  after  the  date of mailing of
such  process  or   pleading  to  the  nonresident
defendant.
    Sec.  13.  Section   20-318   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    The Department of  Consumer  Protection  shall
issue to each  licensee  UNDER  THIS  CHAPTER,  AS
AMENDED BY THIS ACT, a license certificate in such
size and form as [it] THE DEPARTMENT determines.
    Sec.  14.  Section   20-319   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    (a) The [Real  Estate  Commission]  COMMISSION
shall  authorize  the   Department   of   Consumer
Protection to issue  [a] AN ANNUAL renewal license
to any applicant  who possesses the qualifications
specified IN and  otherwise  has complied with the
provisions of this  chapter,  AS  AMENDED  BY THIS
ACT, and any  regulation  adopted  [in  conformity
thereto] UNDER THIS  CHAPTER,  AS  AMENDED BY THIS
ACT.
    (b)  There is  hereby  established  an  annual
renewal license to  be issued by the Department of
Consumer   Protection.   Persons    licensed    in
accordance with the provisions of this chapter, AS
AMENDED BY THIS  ACT,  shall  fulfill a continuing
education requirement. Applicants  for  an  annual
renewal license for  real  estate  brokers or REAL
ESTATE  salespersons shall,  in  addition  to  the
other requirements imposed  by  the  provisions of
this chapter, AS  AMENDED  BY  THIS  ACT,  in  any
even-numbered  year, submit  proof  of  compliance
with the continuing education requirements of this
subsection  to  the   [Real   Estate   Commission]
COMMISSION,   accompanied   by   an   eight-dollar
processing   fee.   The    continuing    education
requirement  may  be   satisfied   by   successful
completion of any  of  the  following  during  the
two-year  period preceding  such  renewal:  (1)  A
course or courses,  approved by the commission, of
continuing  education  in   current   real  estate
practices and licensing  laws  consisting  of  not
less than twelve  hours of classroom study; or (2)
a written examination prepared and administered by
either the Department  of  Consumer Protection, or
by a national  testing  service  approved  by  the
department,  which  demonstrates  a  knowledge  of
current real estate  practices and licensing laws;
or   (3)   equivalent    continuing    educational
experience or study  as  determined by regulations
adopted pursuant to  subsection  (d). An applicant
for  examination under  subdivision  (2)  of  this
subsection shall pay  the required examination fee
to the national  testing  service, if administered
by such testing  service,  or to the Department of
Consumer  Protection,  if   administered   by  the
department.
    (c) If the [Real Estate Commission] COMMISSION
refuses to grant  [a]  AN  ANNUAL renewal license,
the licensee or  applicant,  upon  written  notice
received  as provided  for  in  this  chapter,  AS
AMENDED BY THIS  ACT,  may have recourse to any of
the  remedies  provided  by  sections  20-314  and
20-322, AS AMENDED BY THIS ACT.
    (d) The Commissioner  of  Consumer Protection,
in consultation with  the [Real Estate Commission]
COMMISSION, shall adopt regulations, in accordance
with [the provisions  of]  chapter  54, concerning
the   approval   of   schools,   institutions   or
organizations  offering courses  in  current  real
estate  practices  and   licensing  laws  and  the
content of such  courses.  Such  regulations shall
include, but not be limited to: (1) Specifications
for  meeting  equivalent   continuing  educational
experience   or   study;   (2)   exceptions   from
continuous education requirements  for  reasons of
health or instances of individual hardship.
    Sec.  15.  Section   20-319a  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    (a) Any licensed  real  estate salesperson who
transfers  his  employment   from  one  broker  to
another or his  affiliation  with  a  broker as an
independent   contractor   shall   register   such
transfer  with, and  pay  a  registration  fee  of
twenty-five   dollars   to,   the   [Real   Estate
Commission] COMMISSION.
    (b) A fee of twenty-five dollars shall be paid
to the [Real Estate Commission] COMMISSION for the
issuance of a license certification or a duplicate
of a license certificate.
    Sec.  16.  Section   20-320   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    The  Department of  Consumer  Protection  may,
upon the request  of  the [Real Estate Commission]
COMMISSION  or  upon  the  verified  complaint  in
writing  of  any   person,   [provided]   IF  such
complaint,  or  such   complaint   together   with
evidence, documentary or  otherwise,  presented in
connection [therewith] WITH  SUCH COMPLAINT, shall
make  out a  prima  facie  case,  investigate  the
actions of any  real  estate broker or real estate
salesperson or any  person  who  assumes to act in
any of such  capacities  within  this  state.  The
[Real  Estate  Commission  shall  have  the  power
temporarily   to  suspend   or   permanently   to]
COMMISSION MAY TEMPORARILY  SUSPEND OR PERMANENTLY
revoke any license  issued under the provisions of
this chapter, AS  AMENDED  BY  THIS  ACT,  and, in
addition to or  in  lieu  of  such  suspension  or
revocation, may, in  its discretion, impose a fine
of not more  than two thousand dollars at any time
when, after proceedings  as  provided  in  section
20-321,  [it]  AS   AMENDED   BY   THIS  ACT,  THE
COMMISSION finds that the licensee has by false or
fraudulent misrepresentation obtained a license or
that  the  licensee   is  guilty  of  any  of  the
following:     (1)     Making     any     material
misrepresentation; (2) making any false promise of
a  character  likely  to  influence,  persuade  or
induce; (3) acting  as  an agent for more than one
party in a  transaction  without  the knowledge of
all  parties  for  whom  the  licensee  acts;  (4)
representing or attempting  to  represent  a  real
estate broker other  than  the licensee's employer
or  the  broker   with   whom   the   licensee  is
affiliated,  without  the  express  knowledge  and
consent of the  licensee's  employer or affiliated
broker; (5) failing,  within a reasonable time, to
account for or  remit  any  moneys coming into the
licensee's possession which  belong to others; (6)
entering into an  exclusive  listing  contract  or
buyer  agency  contract  which  contains  a  fixed
termination date if  such  contract  also provides
for an automatic  continuation  of  the  period of
such contract beyond  such  date;  (7)  failing to
deliver immediately a  copy  of  any instrument to
any  party  or   parties   executing   the  [same]
INSTRUMENT,  where  such   instrument   has   been
prepared  by [such]  THE  licensee  or  under  the
licensee's supervision and  where  such instrument
relates to the  employment  of  the licensee or to
any matters pertaining  to  the  consummation of a
lease, or the  purchase,  sale or exchange of real
property  or  any   other   type  of  real  estate
transaction in which  the licensee may participate
as a broker  or a salesperson; (8) conviction in a
court  of  competent   jurisdiction   of  forgery,
embezzlement,   obtaining   money    under   false
pretenses,  larceny,  extortion,   conspiracy   to
defraud,  or  other   like  offense  or  offenses,
provided  suspension  or   revocation  under  this
subdivision shall be  subject to the provisions of
section  46a-80; (9)  collecting  compensation  in
advance of services  to  be performed and failing,
upon demand of  the person paying the compensation
or the commission,  to render an accounting of the
use  of such  money;  (10)  commingling  funds  of
others with the licensee's own, or failing to keep
funds of others  in  an escrow or trustee account;
(11)  any  act   or   conduct   which  constitutes
dishonest, fraudulent or  improper  dealings; (12)
failing to provide  the  disclosures  required  by
section 20-325c, AS  AMENDED  BY  THIS ACT; (13) a
violation of any  provision  of  this  chapter, AS
AMENDED BY THIS  ACT,  or  any regulation [issued]
ADOPTED under this  chapter,  AS  AMENDED  BY THIS
ACT.
    Sec.  17.  Section   20-320a  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    (a) No real  estate  broker [,] OR real estate
salesperson, [as defined  in  section  20-311,  or
any] NO person  affiliated  with  such  broker  or
salesperson,  [or any]  AND  NO  person  [engaged]
ENGAGING in the real estate business [, as defined
in said section,] may receive a fee, commission or
other form of referral fee for the referral of any
buyer of real  property  to (1) an attorney-at-law
admitted to practice  in  this state or any person
affiliated with such  attorney or (2) any mortgage
broker, [or mortgage]  ANY  lender,  as defined in
subdivision (5) of  section  49-31d, or any person
affiliated with such mortgage broker or lender.
    (b) The Department of Consumer Protection may,
upon the request  of  the [Real Estate Commission]
COMMISSION  or  upon  the  verified  complaint  in
writing  of  any   person,   [provided]   IF  such
complaint,  or  such   complaint   together   with
evidence, documentary or  otherwise,  presented in
connection [therewith] WITH  SUCH COMPLAINT, shall
make  out a  prima  facie  case,  investigate  the
actions of any  real  estate broker or real estate
salesperson or any  person  who  assumes to act in
any of such  capacities  within  this  state.  The
[Real  Estate  Commission  shall  have  the  power
temporarily   to  suspend   or   permanently   to]
COMMISSION MAY TEMPORARILY  SUSPEND OR PERMANENTLY
revoke any license  issued under the provisions of
THIS chapter, [392]  AS  AMENDED BY THIS ACT, and,
in addition to  or  in  lieu of such suspension or
revocation, may, in  its discretion, impose a fine
of not more  than  one  thousand  dollars  for the
first offense at  any time when, after proceedings
as provided in  section 20-321, [it] AS AMENDED BY
THIS ACT, THE  COMMISSION  finds that the licensee
is guilty of  violating  any  of the provisions of
subsection (a) of this section.
    Sec.  18.  Section   20-321   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    Before refusing, suspending  or  revoking  any
license or imposing  any  fine UNDER THIS CHAPTER,
AS  AMENDED  BY   THIS   ACT,   the  [Real  Estate
Commission]  COMMISSION  shall   give  notice  and
afford AN opportunity  for  hearing as provided in
the  regulations  [established]   ADOPTED  by  the
Commissioner of Consumer Protection.
    Sec.  19.  Section   20-322   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    Any person aggrieved  by any decision or order
of the [Real  Estate  Commission]  COMMISSION  may
appeal  in  accordance   with  the  provisions  of
section 4-183.
    Sec.  20.  Section   20-323   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    Any licensee UNDER THIS CHAPTER, AS AMENDED BY
THIS ACT, WHO  IS  convicted of a violation of any
of the offenses  enumerated  in subdivision (8) of
section 20-320, AS  AMENDED  BY  THIS  ACT,  shall
incur a forfeiture  of  his license and all moneys
that  may  have  been  paid  [therefor]  FOR  SUCH
LICENSE. The clerk of any court [wherein] IN WHICH
such  conviction has  been  [had]  RENDERED  shall
forward  to  the   commission   without  charge  a
certified copy of such conviction. The commission,
upon the receipt  of  a  copy  of  the judgment of
conviction, shall, [within  ten  days  thereafter]
NOT LATER THAN TEN DAYS AFTER SUCH RECEIPT, notify
the licensee, in writing, of the revocation of his
license. [, which] SUCH notice shall be conclusive
of  the  revocation  [thereof]  OF  SUCH  LICENSE.
Application  for  reinstatement  of  such  license
shall be subject  to  the  provisions  of  section
46a-80.
    Sec.  21.  Section   20-324   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    Any person wilfully  misrepresenting  any fact
required to be  disclosed in any application or in
any other form,  paper  or document required to be
filed with the [Real Estate Commission] COMMISSION
in connection with  an  application  for a license
UNDER THIS CHAPTER,  AS AMENDED BY THIS ACT, shall
be fined not  more  than  five  hundred dollars or
imprisoned not more than six months or both.
    Sec.  22.  Section   20-324a  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    The  [Connecticut Real  Estate  Commission  is
authorized  and  directed   to]  COMMISSION  SHALL
establish and maintain a Real Estate Guaranty Fund
from which, subject  to the provisions of sections
20-324a to 20-324j,  inclusive, AS AMENDED BY THIS
ACT, any person  aggrieved by any action of a real
estate broker or  real  estate  salesperson,  duly
licensed in this  state  under  section 20-312, AS
AMENDED BY THIS ACT, by reason of the embezzlement
of  money  or   property,  or  money  or  property
unlawfully  obtained  from  any  person  by  false
pretenses, artifice, trickery  or  forgery  or  by
reason of any  fraud,  misrepresentation or deceit
by or on  the  part of any such real estate broker
or  real  estate  salesperson  or  the  unlicensed
employee  of any  such  real  estate  broker,  may
recover, upon approval  by  the  commission  of an
application brought pursuant  to the provisions of
section  20-324e,  AS   AMENDED   BY   THIS   ACT,
compensation in an  amount  not  exceeding  in the
aggregate the sum  of twenty-five thousand dollars
in connection with any one real estate transaction
or claim, regardless  of  the  number  of  persons
aggrieved or parcels  of  real  estate involved in
such real estate transaction or claim.
    Sec.  23.  Section   20-324b  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    Any person who receives a real estate broker's
or real estate  salesperson's  license  UNDER THIS
CHAPTER, AS AMENDED  BY  THIS  ACT,  for the first
time  shall pay  an  additional  ONE-TIME  fee  of
twenty  dollars in  addition  to  all  other  fees
payable, which additional fee shall be credited to
the Real Estate  Guaranty  Fund. [, provided in no
case shall any  real  estate broker or salesperson
be required to pay said fee of twenty dollars more
than once.]
    Sec.  24.  Section   20-324c  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    The [Real Estate  Commission] COMMISSION shall
maintain the Real  Estate Guaranty Fund at a level
not to exceed five hundred thousand dollars and to
this intent moneys received under section 20-324b,
AS AMENDED BY  THIS ACT, shall be credited to [the
guaranty] SAID fund  whenever  the fund balance is
below five hundred thousand dollars. [and any] ANY
such moneys may  be  invested or reinvested in the
same  manner  as  funds  of  the  state  employees
retirement system, and  the  interest arising from
such investments shall  be credited to the General
Fund. Any moneys  received  under section 20-324b,
AS AMENDED BY  THIS  ACT, not required to maintain
the Real Estate  Guaranty  Fund  balance  shall be
deposited to the  General  Fund. All moneys in the
[guaranty  fund]  REAL  ESTATE  GUARANTY  FUND  in
excess of five  hundred thousand dollars, shall be
transferred by the  STATE Treasurer to the General
Fund.
    Sec.  25.  Section   20-324d  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    No application to  recover  compensation under
sections 20-324a to 20-324j, inclusive, AS AMENDED
BY THIS ACT, which might subsequently result in an
order for collection from [said guaranty fund] THE
REAL ESTATE GUARANTY  FUND  shall be brought later
than two years from the final determination of, or
expiration of time  for appeal in connection with,
any judgment.
    Sec.  26.  Section   20-324e  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    (a) When any  aggrieved  person  commences any
action  for  a   judgment   which  may  result  in
collection from the Real Estate Guaranty Fund, the
aggrieved person shall  notify  the  [Real  Estate
Commission] COMMISSION in  writing  to this effect
at the time  of  the  commencement of such action.
Such written notice shall toll the time for making
application  to  the   [Real   Estate  Commission]
COMMISSION pursuant to section 20-324d, AS AMENDED
BY THIS ACT.  [Said] THE commission shall have the
right to enter  an  appearance,  intervene  in  or
defend any such  action and may waive the required
written notice for good cause shown.
    (b) When any aggrieved person recovers a valid
judgment in the  Superior  Court  against any real
estate broker or  real  estate  salesperson or the
unlicensed employee of any such real estate broker
for loss or  damages  sustained  by  reason of the
embezzlement of money  or  property,  or  money or
property unlawfully obtained  from  any  person by
false pretenses, artifice,  trickery or forgery or
by  reason  of  any  fraud,  misrepresentation  or
deceit by or  on  the  part  of  such  real estate
broker or salesperson  or  the unlicensed employee
of any such  real  estate  broker,  such aggrieved
person may upon  the  final  determination  of, or
expiration of time  for appeal in connection with,
any   judgment,  apply   to   the   [Real   Estate
Commission]  COMMISSION  for  an  order  directing
payment out of  the  Real  Estate Guaranty Fund of
the amount unpaid  upon  the  judgment, subject to
the  limitations stated  in  section  20-324a,  AS
AMENDED BY THIS ACT, and the limitations specified
in this section. The license of any such broker or
salesperson shall be  automatically  revoked  upon
the entry of such judgment.
    (c) The [Real  Estate  Commission]  COMMISSION
shall proceed upon  such  application in a summary
manner,  and,  upon   the   hearing  thereof,  the
aggrieved person shall be required to show: (1) He
is not a  spouse  of  the  debtor  or the personal
representative of such spouse; (2) he has complied
with all the  requirements of this section; (3) he
has obtained a  judgment  as [set out] PROVIDED in
subsection (b) of this section, stating the amount
thereof and the  amount  owing thereon at the date
of the application; (4) he has caused to be issued
a writ of  execution  upon [said] THE judgment and
the officer executing  the  same has made a return
showing that no  personal  or real property of the
judgment  debtor  liable  to  be  levied  upon  in
satisfaction of the  judgment  could  be found, or
that the amount realized on the sale of them or of
such of them  as  were found, under the execution,
was insufficient to  satisfy the judgment, stating
the amount so  realized  and the balance remaining
due on the  judgment  after application thereon of
the  amount  realized;   (5)   he   has  made  all
reasonable  searches and  inquiries  to  ascertain
whether  the judgment  debtor  [is  possessed  of]
POSSESSES  real  or  personal  property  or  other
assets,  liable  to   be   sold   or   applied  in
satisfaction of the  judgment;  (6)  that  by such
search  he has  discovered  no  personal  or  real
property or other  assets  liable  to  be  sold or
applied, or that  he  has  discovered  certain  of
them,  describing  them,  owned  by  the  judgment
debtor and liable  to  be  so applied, and that he
has taken all necessary action and proceedings for
the  realization  thereof,  and  that  the  amount
thereby realized was  insufficient  to satisfy the
judgment, stating the  amount  so realized and the
balance  remaining  due   on  the  judgment  after
application of the amount realized.
    (d) Whenever the  aggrieved  person  satisfies
the [Real Estate Commission] COMMISSION that it is
not practicable to  comply with one or more of the
requirements enumerated in  subdivisions  (4), (5)
and (6) of subsection (c) of this section and that
the  aggrieved person  has  taken  all  reasonable
steps to collect the amount of the judgment or the
unsatisfied part thereof  and  has  been unable to
collect the same,  the  [Real  Estate  Commission]
COMMISSION may in  its  discretion  [dispense with
the  necessity  for  complying  with]  WAIVE  such
requirements.
    (e) The [Real  Estate Commission shall make an
order requiring] COMMISSION  SHALL  ORDER  payment
from the Real  Estate  Guaranty Fund of [whatever]
ANY sum it  shall  find  to  be  payable  upon the
claim,  pursuant  to  the  provisions  of  and  in
accordance with the  limitations contained in this
section and section  20-324a,  AS  AMENDED BY THIS
ACT, if the  commission  is  satisfied,  upon  the
hearing, of the  truth  of all matters required to
be shown by the aggrieved person by subsection (c)
of this section  and that the aggrieved person has
fully pursued and exhausted all remedies available
to him for  recovering  the  amount awarded by the
judgment of the court.
    (f) If the [Real Estate Commission] COMMISSION
pays from [said  fund]  THE  REAL  ESTATE GUARANTY
FUND any amount in settlement of a claim or toward
satisfaction of a judgment against a licensed real
estate broker or  real estate salesperson pursuant
to an order  under subsection (e) OF THIS SECTION,
such broker or  salesperson  shall not be eligible
to receive a  new  license  until he has repaid in
full, plus interest  at a rate to be determined by
the commission and  which  shall  reflect  current
market rates, the amount paid from [said guaranty]
THE fund on his account. A discharge in bankruptcy
shall not relieve  a person from the penalties and
disabilities provided in this subsection.
    (g) If, at  any  time,  the money deposited in
[said guaranty fund] THE REAL ESTATE GUARANTY FUND
is insufficient to  satisfy  any  duly  authorized
claim  or  portion   thereof,   the  [Real  Estate
Commission]  COMMISSION  shall,   when  sufficient
money has been  deposited  in  [said guaranty] THE
fund,  satisfy  such  unpaid  claims  or  portions
thereof, in the order that such claims or portions
thereof were originally  filed,  plus  accumulated
interest at the rate of four per cent a year.
    Sec.  27.  Section   20-324f  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    Any  person  filing   with  the  [Real  Estate
Commission] COMMISSION any  notice,  statement  or
other document required  under  the  provisions of
section 20-324e, AS  AMENDED BY THIS ACT, which is
false  or  untrue   or   contains   any   material
misstatement of fact  shall be fined not less than
two hundred dollars.
    Sec.  28.  Section   20-324g  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    When the [Real  Estate  Commission] COMMISSION
receives notice, as  provided  in section 20-324e,
AS  AMENDED  BY   THIS   ACT,   it  may  enter  an
appearance, file an  answer,  appear  at the court
hearing, defend the  action or take whatever other
action [it] THE COMMISSION may deem appropriate on
the behalf and  in  the  name of the defendant and
take recourse through  any  appropriate  method of
review or appeal  on behalf and in the name of the
defendant.
    Sec.  29.  Section   20-324h  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    When the [Real  Estate  Commission] COMMISSION
has caused to  be  paid  from [said guaranty fund]
THE REAL ESTATE  GUARANTY  FUND  any  sum  to  the
judgment  creditor,  the   commission   shall   be
subrogated to all  of  the  rights of the judgment
creditor up to  the  amount paid, and the judgment
creditor shall assign  all of his right, title and
interest in the judgment up to such amount paid to
the [Real Estate  Commission]  COMMISSION, and any
amount and interest  recovered by the [Real Estate
Commission] COMMISSION on  the  judgment  shall be
deposited to [said guaranty] THE fund.
    Sec.  30.  Section   20-324i  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    The Commissioner of  Consumer Protection, with
the advice and  assistance  of  the  [Real  Estate
Commission, shall have  power  to] COMMISSION, MAY
adopt regulations, IN  ACCORDANCE WITH CHAPTER 54,
to [effect the efficient administration] CARRY OUT
THE PROVISIONS of  sections  20-324a  to  20-324j,
inclusive, AS AMENDED BY THIS ACT.
    Sec.  31.  Section   20-324j  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    Any person aggrieved by any decision, order or
regulation  of  the   [Real   Estate   Commission]
COMMISSION  under  sections  20-324a  to  20-324i,
inclusive, AS AMENDED  BY  THIS ACT, may appeal in
accordance with the  provisions of section 20-322,
AS AMENDED BY THIS ACT.
    Sec.  32.  Section   20-324k  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    (a) Each broker  licensed under the provisions
of this chapter,  AS  AMENDED  BY THIS ACT, who in
the course of  his  real estate business receives,
accepts and holds  any  moneys  on  behalf  of any
principal, client or  other  person  shall  at all
times maintain a separate escrow or trust account,
distinct from his  own  account,  in a bank of his
choice  doing business  in  this  state,  for  the
deposit of all such moneys so received by him.
    (b) The [Real  Estate  Commission]  COMMISSION
may examine and  audit any escrow or trust account
maintained by any  broker  in  accordance with the
provisions  of  subsection  (a)  of  this  section
whenever [said] THE  commission  shall  deem  such
examination and audit necessary.
    (c) Any [such]  broker  who,  in the course of
his real estate  business  and  in connection with
any  transaction,  accepts   from  any  principal,
client or other  person  any moneys to which he is
not personally and  legally  entitled,  including,
but  not  limited  to,  any  downpayment,  earnest
money,  deposit,  rental  money,  rental  security
deposit or other money to be held by him in trust,
shall deposit such  moneys  in his escrow or trust
account within three  banking days of the date the
agreement evidencing such transaction is signed by
all   necessary   parties    [thereto]   TO   SUCH
TRANSACTION, pending final  legal  disposition  of
[the same] SUCH  MONEYS  in  accordance  with  the
instructions  of  the   person   legally  entitled
[thereto] TO SUCH MONEYS.
    (d) Upon motion,  the  court may order a party
to an action  who  is  a  broker  holding funds in
trust in connection with a real estate transaction
to deposit with  the  court  certified funds in an
amount not to  exceed  the  funds  held  in trust.
Conditioned  upon  the   receipt  of  [said]  SUCH
CERTIFIED funds, the  court  shall  also order the
dismissal of any  claim  against [said] THE broker
which claim is based solely on [said] THE broker's
role as stakeholder of [said] SUCH funds.
    (e)  Any  broker  who  wilfully  violates  any
provision of this  section shall be fined not more
than one thousand  dollars  or imprisoned not more
than six months or both.
    Sec.  33.  Section   20-325   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    Any person who  engages  in  the business of A
real  estate broker  or  real  estate  salesperson
without obtaining a  license  as [herein] provided
IN THIS CHAPTER,  AS AMENDED BY THIS ACT, shall be
fined  not  more  than  one  thousand  dollars  or
imprisoned not more  than  six months or both, and
shall be ineligible  to  obtain  a license for one
year from the  date of conviction of such offense,
except   that   the   [Real   Estate   Commission]
COMMISSION, in its discretion, may grant a license
to such person  within  such  one-year period upon
application and after  a hearing [thereon] ON SUCH
APPLICATION.
    Sec. 34. Subsection  (b) of section 20-325c of
the general statutes is repealed and the following
is substituted in lieu thereof:
    (b)  Notwithstanding  any   provision  of  the
general statutes to  the  contrary, no real estate
broker or real  estate salesperson, [as defined in
section 20-311, or  any]  AND NO person affiliated
with such broker  or  salesperson,  who receives a
fee, commission or  other  valuable  consideration
for the sale  of  residential  real  property, may
receive  a  fee,   commission  or  other  valuable
consideration    for   negotiating,    soliciting,
arranging, placing or  finding  a  first  mortgage
loan for the  buyer  in  connection  with the same
sale unless disclosure  is made in accordance with
the provisions of  subsection (c) of this section.
Any   fee,   commission    or    other    valuable
consideration   received   by   such   broker   or
salesperson    for    negotiating,     soliciting,
arranging, placing or  finding  a  first  mortgage
loan shall (1) be related to the services actually
performed, as determined  by  the  Commissioner of
Banking by regulations adopted pursuant to chapter
54, [not later  than  October 1, 1989,] (2) not be
imposed for the  referral  of  the  buyer  to  the
mortgage lender by such broker or salesperson, and
(3) be paid  directly to the broker or salesperson
by the buyer  rather  than  from the mortgage loan
proceeds at the time of closing.
    Sec. 35. Subsection  (d) of section 20-325e of
the general statutes is repealed and the following
is substituted in lieu thereof:
    (d)  No  more   than   one  application  under
subsection (a) of  this  section  or  motion under
subsection (c) of this section shall be ruled upon
with respect to any single real property claim for
lien, except that  [the foregoing] THIS SUBSECTION
shall not preclude  an  application or motion by a
person not given  notice  of the prior application
or not a party to the action at the time the prior
motion was ruled upon.
    Sec. 36. Subsection  (b) of section 20-325h of
the general statutes is repealed and the following
is substituted in lieu thereof:
    (b) [For purposes  of  this section, the term]
AS   USED   IN    THIS    SECTION,   "confidential
information" [shall mean] MEANS facts concerning a
person's  assets, liabilities,  income,  expenses,
motivations  to  purchase,   rent   or  sell  real
property and previous  offers  received or made to
purchase or lease real property which are not part
of a public  record  or  file  to  which access is
authorized pursuant to  section  1-19 or otherwise
subject to disclosure  [as  a result of] UNDER any
other PROVISION OF  THE general [statute] STATUTES
or  [regulation]  ANY  REGULATION  of  Connecticut
STATE AGENCIES.
    Sec.  37.  Section   20-326   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    The [Real Estate  Commission] COMMISSION shall
submit to the  Governor,  as  provided  in section
4-60, a report  of  its  official  acts under this
chapter, AS AMENDED  BY  THIS  ACT. The commission
shall keep a  record  of  proceedings  and  orders
pertaining to the  matters  under its jurisdiction
and of licenses  granted,  refused,  suspended  or
revoked by [it]  THE COMMISSION and of all reports
sent to its  office.  The commission shall furnish
without charge, for  official  use only, certified
copies   of  licenses   and   documents   relating
[thereto] TO SUCH  LICENSES,  to  officials of the
state or any municipality [therein] IN THIS STATE,
to officials of  any  other state and to any court
in this state.  Any certified copy of any document
or record of  the  commission,  attested as a true
copy by the  chairman  of the commission, shall be
competent evidence in  any  court of this state of
the facts [therein] contained IN SUCH COPY.
    Sec.  38.  Section   20-327a  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    The Department of  Consumer Protection, at the
request   of   the    [Real   Estate   Commission]
COMMISSION, may periodically compile and publish a
bulletin  containing  information   and   material
relating  to the  commission,  its  functions  and
licenses  and  other   information   and  material
relating to the real estate industry [which might]
THAT MAY be  of  help and interest to licensees in
their service of  the  public.  The commission may
also  request  the   department  to  publish  such
information  and  material   in   any  established
periodical  published in  the  state  if,  in  the
opinion   of  the   commission,   such   form   of
publication would ensure  the widest dissemination
of such information  and material to licensees and
the public.
    Sec. 39. Subsections  (a)  and  (b) of section
20-327b of the  general  statutes are repealed and
the following is substituted in lieu thereof:
    (a)  Except  as  otherwise  provided  IN  THIS
SECTION,  each  person   who   offers  residential
property in the  state  for  sale, exchange or for
lease with option  to buy, shall provide a written
residential condition report  to  the  prospective
purchaser at any  time  prior  to  the prospective
purchaser's execution of  any  binder, contract to
purchase, option, or  lease  containing a purchase
option. A photocopy, duplicate original, facsimile
transmission,  or  other   exact  reproduction  or
duplicate  of the  written  residential  condition
report  containing  the   prospective  purchaser's
written receipt shall  be  attached to any written
offer,  binder  or   contract   to   purchase.   A
photocopy,    duplicate    original,     facsimile
transmission  or  other   exact   reproduction  or
duplicate  of the  written  residential  condition
report containing the  signatures  of  both seller
and purchaser, shall  be attached to any agreement
to purchase the property.
    (b) The following  shall  be  exempt  from the
provisions of this  section: (1) Any transfer from
one or more  [coowners] CO-OWNERS solely to one or
more of his  [coowners]  CO-OWNERS;  (2) transfers
made  to  the  spouse,  mother,  father,  brother,
sister, child, grandparent  or  grandchild  of the
transferor where no  consideration  is  paid;  (3)
transfers pursuant to  an  order of the court; (4)
transfers  of newly-constructed  residential  real
property for which an implied warranty is provided
under  chapter  827;   (5)   transfers   made   by
executors,     administrators,     trustees     or
conservators;  (6)  transfers   by   the   federal
government, any political  subdivision  thereof or
any corporation, institution or quasi-governmental
agency chartered by  the  federal  government; (7)
transfers by deed  in  lieu  of  foreclosure;  (8)
transfers  by the  state  of  Connecticut  or  any
political subdivision thereof;  (9)  transfers  of
property which was  the  subject  of a contract or
option entered into  prior to January 1, 1996; and
(10)  any  transfer  of  property  acquired  by  a
judgment of strict  foreclosure  or by foreclosure
by sale or by a deed in lieu of foreclosure.
    Sec.  40.  Section   20-328   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    The Commissioner of  Consumer Protection, with
advice  and  assistance   from  the  [Real  Estate
Commission]  COMMISSION,  may  [make]  ADOPT  such
reasonable regulations, IN ACCORDANCE WITH CHAPTER
54, as the  commissioner  deems necessary relating
to the form  and manner of filing applications for
licenses UNDER THIS  CHAPTER,  AS  AMENDED BY THIS
ACT, and the  manner in which licensed real estate
brokers  and  [salesmen]   LICENSED   REAL  ESTATE
SALESPERSONS  shall  conduct   the   real   estate
business.
    Sec.  41.  Section   20-329   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    The provisions of  this chapter, AS AMENDED BY
THIS ACT, concerning  the licensure of real estate
brokers and real  estate  salespersons  shall  not
apply to: [any]  (1)  ANY  person  who as owner or
lessor performs any  of  the  acts  enumerated  in
section  20-311, AS  AMENDED  BY  THIS  ACT,  with
reference to property  owned,  leased or sought to
be acquired or  leased  by  him, or to his regular
employees who are  employed as on-site residential
superintendents or custodians, with respect to the
property  so owned  or  leased  or  sought  to  be
acquired or leased when such acts are performed in
the regular course  of,  or as an incident to, the
management of such  property  and  the  investment
therein;  [, or  to]  (2)  any  person  acting  as
attorney-in-fact under a  duly  executed  power of
attorney  from the  owner  authorizing  the  final
consummation by performance  of  any  contract for
the sale, leasing  or  exchange of real estate, or
to service rendered  by any attorney-at-law in the
performance of his duties as such attorney-at-law;
[or to] (3)  a  receiver,  trustee  in bankruptcy,
administrator, executor or  other fiduciary, while
acting as such,  or any person selling real estate
under order of  any  court, or to a trustee acting
under a trust agreement, deed of trust or will, or
the regular salaried  employees  thereof;  [or to]
(4) witnesses in  court  as  to the values of real
estate; [, or to] (5) persons in the employ of the
federal  or  state  government  or  any  political
subdivision thereof while  acting in the course of
such employment; [or  to]  (6) any employee of any
nonprofit housing corporation  which [(1)] (A) has
been certified as  a tax-exempt organization under
Section 501(c)(3) of  the Internal Revenue Code of
1986,  or any  subsequent  corresponding  internal
revenue code of the United States, as from time to
time amended, and  manages  a  housing project, or
[(2)] (B) manages  a  housing  project assisted in
whole  or  in   part  by  the  federal  government
pursuant to Section 8 of The United States Housing
Act of 1937,  as  FROM TIME TO TIME amended, while
such employee is  performing duties in the regular
course of, or  incidental  to,  the  management of
such  housing project;  [or  to]  (7)  any  person
licensed as a  broker  in accordance with sections
36a-510 to 36a-524,  inclusive, AS AMENDED BY THIS
ACT,  who  engages   solely   in   the  activities
described in subsection  (6)  of  section 36a-510;
[or to] (8)  any  person  licensed  to maintain or
operate  a mobile  manufactured  home  park  under
chapter  412  who   performs   any   of  the  acts
enumerated in section  20-311,  AS AMENDED BY THIS
ACT, with reference to lots or mobile manufactured
homes within the  park  or  to  his employees with
respect  to  lots  or  mobile  manufactured  homes
within  [said]  SUCH   park  when  such  acts  are
performed in the  regular course of, or incidental
to,  the  management  of  such  property  and  the
investment therein; or  [to]  (9) persons licensed
as  sellers of  mobile  manufactured  homes  under
section 21-67.
    Sec.  42.  Section   20-329a  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    [The terms] AS  used  in  sections  20-329a to
[20-329m,  inclusive,  shall   be   construed   as
follows] 20-329n, INCLUSIVE,  AS  AMENDED  BY THIS
ACT:
    (1) "Disposition" or  "dispose  of"  means any
sale,  exchange,  lease,   assignment,   award  by
lottery or other transaction designed to convey an
interest in a  subdivision or parcel, lot, or unit
[thereof] IN A  SUBDIVISION  when  undertaken  for
gain or profit;
    (2)    "Offer"   means    every    inducement,
solicitation  or  attempt   to   bring   about   a
disposition;
    (3)  "Person"  means   an   individual,  firm,
company,    association,   corporation,    limited
liability  company,  government   or  governmental
subdivision  or agency,  business  trust,  estate,
trust, partnership, unincorporated  association or
organization, two or  more of any of the foregoing
having a joint  or  common  interest, or any other
legal or commercial entity;
    (4)  "Broker" means  a  resident  real  estate
broker duly licensed  [in  this  state] UNDER THIS
CHAPTER, AS AMENDED BY THIS ACT;
    (5)  "Salesperson"  means   any   person  duly
licensed  [in  this   state]   as  a  real  estate
salesperson UNDER THIS CHAPTER, AS AMENDED BY THIS
ACT;
    (6) "Purchaser" means a person who acquires an
interest  in  any   lot,   parcel  or  unit  in  a
subdivision;
    (7)  "Subdivision"  means   any   improved  or
unimproved land or  tract  of land located outside
this state which  is  divided  or  proposed  to be
divided into five  or  more  lots, parcels, units,
including time-share units,  or  interests for the
purpose of disposition,  at  any time as part of a
common promotional plan.  Any  land which is under
common  ownership or  which  is  controlled  by  a
single developer or  a  group of developers acting
in  concert,  is   contiguous   in  area,  and  is
designated or advertised as a common unit or known
by  a common  name,  shall  be  presumed,  without
regard to the  number  of  lots, parcels, units or
interests covered by  each individual offering, to
be part of a common promotional plan; AND
    [(8) "The commission"  means  the  Connecticut
Real Estate Commission;]
    [(9)] (8) "Advertising"  means  publishing  or
causing to be published: [(a)] (A) By means of any
newspaper or periodical; [(b)] (B) by means of any
radio or television  broadcast; [(c)] (C) by means
of any written  or  printed or photographic matter
produced by any  duplicating process producing ten
copies or more,  any information offering for sale
or for the  purpose  of  causing  or  inducing any
other person to purchase or to acquire an interest
in the title  to  subdivided  lands, including the
land sales contract to be used and any photographs
or  drawings  or   artist's   representations   of
physical conditions or  facilities on the property
existing or to exist; [(d)] OR (D) by means of any
material used in  connection  with the disposition
or offer of subdivided lands by radio, television,
telephone  or  any   other  electronic  means.  [,
provided, however, that "advertising" shall not be
deemed  to]  "ADVERTISING"   DOES   NOT   include:
Stockholder communications such  as annual reports
and interim financial  reports,  proxy  materials,
registration statements, securities  prospectuses,
applications  for  listing   securities  on  stock
exchanges, and the  like;  prospectuses,  property
reports, offering statements  or  other  documents
required to be delivered to prospective purchasers
by an agency  of  any  other  state or the federal
government; all communications  addressed  to  and
relating to the  account  of  any persons who have
previously executed a contract for the purchase of
the subdivider's lands  except  where  directed to
the sale of additional lands; OR press releases or
other communications delivered  to  newspapers  or
other  periodicals  for   general  information  or
public relations purposes,  provided  no charge is
made by such  newspapers  or other periodicals for
the  publication  or  use  of  any  part  of  such
communications.
    Sec.  43.  Section   20-329b  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    (a)  Unless  the   method  of  disposition  is
adopted for the  purpose  of  the  evasion  of the
provisions  of  sections   20-329a   to   20-329m,
inclusive,  AS  AMENDED   BY   THIS  ACT,  or  the
provisions of the  federal  Interstate  Land Sales
Full Disclosure Act, said sections shall not apply
to:  [the]  (1)   THE   making  of  any  offer  or
disposition of any  subdivision  or  lot,  parcel,
unit  or  interest   [therein:   (1)  By]  IN  ANY
SUBDIVISION (A) BY  a purchaser of any subdivision
lot, parcel or  unit [thereof] for his own account
in a single  or  isolated transaction, [; (2)] (B)
to any person  who  is  engaged in the business of
the  construction of  residential,  commercial  or
industrial buildings, other  than any lot, parcel,
unit or interest  in  any subdivision, [as defined
by  subdivision  (7)   of  section  20-329a,]  for
disposition, [; (3)]  (C) pursuant to the order of
any court in  this  state,  [;  (4)] OR (D) by any
government or government  agency;  [(5) or to] (2)
any  offer  or  disposition  of  any  evidence  of
indebtedness secured by  way  of  any  mortgage or
deed of trust  of  real  estate;  [(6)  or to] (3)
securities  or units  of  interest  issued  by  an
investment trust regulated  under the laws of this
state; [(7) to] (4) cemetery lots; [(8) to] OR (5)
the leasing of  apartments, offices [,] OR stores,
or  the  leasing   of  similar  space  within  any
apartment   building,   commercial   building   or
industrial building.
    (b) The commission  may  from  time  to  time,
pursuant  to  [rules   and   regulations   issued]
REGULATIONS  ADOPTED  by   the   Commissioner   of
Consumer Protection PURSUANT  TO  CHAPTER 54, with
the  advice  and  assistance  of  the  commission,
exempt ANY SUBDIVISION  from any of the provisions
of sections 20-329a  to  20-329m,  inclusive, [any
subdivision, if it] AS AMENDED BY THIS ACT, IF THE
COMMISSION  finds that  the  enforcement  of  said
sections,  with respect  to  such  subdivision  or
lots,  parcels,  units   or   interests   IN  SUCH
SUBDIVISION,  is  not   necessary  in  the  public
interest and for  the  protection of purchasers by
reason of the small amount involved or the limited
character  of  the   offering,   or  because  such
property has been registered and approved pursuant
to the laws of any other state.
    (c) Any subdivision  which has been registered
under  the  federal  Interstate  Land  Sales  Full
Disclosure Act shall be exempt from the provisions
of  section  20-329d,  except  for  the  narrative
description  of  the   promotional  plan  for  the
disposition of the  subdivided lands and copies of
all advertising material  which  has been prepared
for   public  distribution   by   any   means   of
communications, required under  subdivision (2) of
said section, upon  THE filing with the commission
OF a copy  of  an  effective  statement  of record
filed with the  Secretary  of  Housing  and  Urban
Development together with  a  filing  fee of three
hundred dollars in  respect  of  each  subdivision
covered by such effective statement of record. The
fee for filing  a  consolidation  or an additional
number of lots  not included in the initial filing
shall be three hundred dollars.
    Sec.  44.  Section   20-329c  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    Except  as provided  in  section  20-329b,  AS
AMENDED  BY  THIS  ACT,  no  subdivision  or  lot,
parcel, unit or  interest in any subdivision shall
in any way be offered or disposed of in this state
by any person  or  broker  until:  (1)  [he]  SUCH
PERSON OR BROKER  has  appointed  in  writing  the
Secretary  of the  State  and  his  successors  in
office  to  be  [his  or  its]  SUCH  PERSON'S  OR
BROKER'S attorney, upon  whom  all process, in any
action or proceeding  against  [him  or  it]  SUCH
PERSON OR BROKER,  may  be  served. [, and in such
writing such] SUCH person or broker shall agree IN
SUCH WRITTEN APPOINTMENT  that any process against
[him or it]  SUCH PERSON OR BROKER which is served
on [said] THE  Secretary  of the State shall be of
the same legal  force and validity as if served on
such person or  broker  and  that such appointment
shall continue in  force  as long as any liability
remains outstanding against  such person or broker
in this state.  Such  written appointment shall be
acknowledged before [some]  AN  officer authorized
to take acknowledgments  of  deeds  and  shall  be
filed  in  the  office  of  [said  secretary]  THE
SECRETARY OF THE  STATE,  and  copies certified by
[him]  THE  SECRETARY   OF   THE  STATE  shall  be
sufficient  evidence  of   such   appointment  and
agreement; [,] (2)  [he] SUCH PERSON OR BROKER has
posted with the  commission such bond, in favor of
the state, as  the  commission  may  require  with
surety in such amount as the commission may in its
discretion  determine.  No   bond   which  may  be
required  under  sections   20-329a   to  20-329m,
inclusive,  AS  AMENDED  BY  THIS  ACT,  shall  be
accepted for filing  unless  it  is  with a surety
company authorized to  do  business in this state.
Any person aggrieved  by  an  act of the principal
named in such  bond in violation of the provisions
of this chapter,  AS  AMENDED  BY  THIS  ACT,  may
proceed on such  bond  against  the  principal  or
surety therein, or  both,  to recover damages; [,]
and (3) until such person or broker has received a
license under section  20-329f, AS AMENDED BY THIS
ACT. Any person or broker violating the provisions
of this section  shall  be fined not less than one
thousand dollars and  not  more than five thousand
dollars for each offense.
    Sec.  45.  Section   20-329e  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    Before the commission [shall issue] ISSUES any
license  under  sections   20-329a   to   20-329m,
inclusive, AS AMENDED  BY  THIS ACT, to any person
or broker, the  Department  of Consumer Protection
shall  fully investigate  all  information  placed
before [it] THE  DEPARTMENT  as  may  be  required
pursuant   to   sections   20-329a   to   20-329m,
inclusive,  AS  AMENDED   BY  THIS  ACT,  and  [in
addition it] may carry out a physical examination,
investigation  or inspection  of  any  subdivision
which  is the  subject  of  the  application.  All
reasonable expenses incurred  in carrying out such
examination, investigation or  inspection shall be
paid by the applicant and no SUCH license shall be
issued until such expenses have been fully paid.
    Sec. 46. Subsection  (a) of section 20-329f of
the general statutes is repealed and the following
is substituted in lieu thereof:
    (a) The commission  shall,  upon completion of
the investigation and  inspection  AS  PROVIDED IN
SUBSECTION 20-329e, AS  AMENDED  BY THIS ACT, but,
in the absence  of  any  agreement to the contrary
between the applicant  and the commission, [in any
case] not later than three months from the receipt
of the completed  license  application, or receipt
of [such] AN  effective  statement of record filed
with   the  Secretary   of   Housing   and   Urban
Development and filed with the commission pursuant
to subsection (c)  of  section 20-329b, AS AMENDED
BY  THIS  ACT,   (1)  approve  or  disapprove  the
prospectus, property report  or offering statement
submitted under subsection (c) of section 20-329b,
AS AMENDED BY THIS ACT, or section 20-329d, as the
case may be,  and [shall,] (2) if satisfied, issue
to the applicant upon payment to the commission of
a fee computed  as  provided  in subsection (b), a
license to offer  and dispose of [,] in this state
[,] the subdivision  or  parcels,  units  or other
interests in any  subdivision  THAT IS the subject
of the application  or such effective statement of
record. Such license  shall  be valid for one year
and may be  renewed  annually  upon payment to the
commission  of a  fee,  computed  as  provided  in
subsection (b), unless  there is a material change
affecting such subdivision  or lot, parcels, units
or other interest  in any subdivision or the offer
or disposition thereof,  in  which  case  all  new
facts  shall  be   reported   to   the  commission
immediately. Upon receipt of such report or in the
event that any  such material change is discovered
by or comes  to  the  attention  of the commission
through other sources,  the  commission may, after
hearing pursuant to  section 20-321, AS AMENDED BY
THIS ACT, take  such action as [it] THE COMMISSION
considers necessary, including  the  suspension or
revocation of such license if justified.
    Sec.  47.  Section   20-329h  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    (a) No subdivision  or  lot,  parcel,  unit or
interest in any  subdivision  shall be disposed of
except through a broker, provided nothing [herein]
IN THIS SUBSECTION shall be deemed to prohibit any
such broker from  employing  any  salesperson, for
the specific purpose  of offering or disposing of,
on behalf of  such  broker  and  under contract to
[him]  SUCH  BROKER,  any  lot,  parcel,  unit  or
interest in any subdivision. Prior to any offering
or disposition, pursuant  to  any  license granted
under sections 20-329a  to  20-329m, inclusive, AS
AMENDED BY THIS ACT, the name of such broker shall
be placed on file with the commission.
    (b)  A  clearly   identified   copy   of   the
prospectus, property report  or offering statement
shall be given  to each purchaser by the broker or
salesperson prior to the execution of any contract
for the disposition  of  any  such  property.  The
broker  or  salesperson   shall  obtain  from  the
purchaser a signed  receipt  for  a  copy  of such
prospectus, property report  or offering statement
and,  if  a  contract  for  disposition  shall  be
entered into, the  receipt  shall  be  kept in the
broker's files for  a  period  of  seven years and
shall be subject  to inspection by the commission.
Upon termination of  such  broker or salesperson's
employment with the  developer,  all  such records
shall  be turned  over  to  the  developer  within
thirty  days  and   shall   be  retained  by  such
developer  for  the  duration  of  the  seven-year
period.
    (c)  Any  contract   or   agreement   for  the
disposition of any subdivision or any lot, parcel,
unit or interest  in any subdivision, not exempted
under  the  provisions   of  section  20-329b,  AS
AMENDED  BY  THIS   ACT,   where  the  prospectus,
property report or offering statement has not been
given to the purchaser more than seventy-two hours
in  advance  of   his  signing  such  contract  or
agreement, may be  revoked by the purchaser within
seventy-two hours after  [he] THE PURCHASER signed
[the same] THE  CONTRACT  OR  AGREEMENT  or  after
receipt by [him] THE PURCHASER of such prospectus,
property report or  offering  statement, whichever
is the later,  and the contract or agreement shall
so provide, except  that the contract or agreement
may stipulate that [the foregoing] SUCH revocation
authority  shall  not  apply  in  the  case  of  a
purchaser who (1)  has  received  the  prospectus,
property   report  or   offering   statement   and
inspected the subdivision  in  advance  of signing
the contract or agreement, and (2) acknowledges by
his signature that  [he]  THE  PURCHASER  has made
such inspection and  has  read  and understood the
prospectus, property report or offering statement.
Any such revocation  shall be in writing in A form
prescribed  by  the   commission   and   shall  be
communicated  to  the   broker   within  the  time
[limited by this section and all] PERIOD SPECIFIED
IN  THIS  SUBSECTION.   ALL  moneys  paid  by  the
purchaser under such revoked contract or agreement
shall be returned  [to  him]  immediately  TO  THE
PURCHASER   by  the   broker   [,]   without   any
deductions.
    Sec.  48.  Section   20-329i  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    Any  broker  or   [real   estate]  salesperson
[violating] WHO VIOLATES  any provision of section
20-329a to 20-329m,  inclusive, AS AMENDED BY THIS
ACT,  shall, in  addition  to  any  other  penalty
imposed  by said  sections,  and  subject  to  the
provisions of section  20-321,  AS AMENDED BY THIS
ACT, have his  real estate broker's or REAL ESTATE
salesperson's license suspended  or revoked by the
commission for such  time  as in the circumstances
[it] THE COMMISSION considers justified.
    Sec.  49.  Section   20-329j  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    No   member   of   the   commission   or   any
association,  firm or  corporation  with  which  a
member is associated  shall  act  as a broker of a
subdivision [,] OR A lot, parcel, unit or interest
[therein] IN A  SUBDIVISION or offer or dispose of
a  subdivision [,]  OR  A  lot,  parcel,  unit  or
interest  [therein]  IN   A  SUBDIVISION  THAT  IS
required  to  be   approved  pursuant  to  section
20-329d.
    Sec.  50.  Section   20-329m  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    The Commissioner of  Consumer Protection, with
the advice and  assistance  of the commission, may
from  time to  time  adopt  such  regulations,  IN
ACCORDANCE WITH CHAPTER  54,  as  the commissioner
[shall deem] DEEMS necessary [for the carrying] TO
CARRY  out  and   [enforcement   of]  ENFORCE  the
provisions  of  sections   20-329a   to   20-329n,
inclusive,  AS  AMENDED   BY   THIS  ACT,  in  the
interests of the public.
    Sec.  51.  Section   20-329n  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    All moneys paid  or advanced by a purchaser or
lessee  or prospective  purchaser  or  prospective
lessee in respect  of  any  lot,  parcel,  unit or
interest in any  subdivision,  the  disposition of
which is controlled  by sections 20-329a, 20-329b,
20-329d, 20-329e, 20-329f, 20-329h and 20-329i, AS
AMENDED BY THIS  ACT, or such portion [thereof] OF
SUCH MONEYS as  the  commission  may  determine is
sufficient for the  protection of the interests of
such purchaser or lessee shall be deposited by the
seller or lessor in an escrow account, approved by
the commission, in  a  bank doing business in this
state. Such money  shall  remain  in  such  escrow
account until [(a)] (1) a proper and valid release
is obtained [therefor  or (b)] FOR SUCH MONEY, (2)
the owner or subdivider or the purchaser or lessee
has defaulted under  their  contract  for  sale or
lease and the commission or [the] A court has made
a determination as  to  the  disposition  of  such
money, or [(c)] (3) the owner or subdivider or the
seller or lessor  orders  the return of such money
to such purchaser or lessee.
    Sec.  52.  Section   20-329o  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    (a) AS USED  IN  SECTIONS 20-329o TO 20-329bb,
INCLUSIVE, AS AMENDED BY THIS ACT:
    (1)  [The  term   "real   property  securities
dealer" as used  in  sections 20-329o to 20-329bb,
inclusive,]  "REAL  PROPERTY   SECURITIES  DEALER"
means any person,  acting  as  principal or agent,
who engages in  the  business of [(a)] (A) selling
real  property  securities  [as  defined  by  this
section,] to the  public, or [(b)] (B) offering to
accept   or   accepting    funds   for   continual
reinvestment in real  property  securities, or for
placement in an  account,  plan or program whereby
the dealer implies  that  a return will be derived
from a specific  real  property  sales contract or
promissory note secured  directly  or collaterally
by  a  lien   on   real   property  which  is  not
specifically  stated  to   be   based   upon   the
contractual payments thereon.
    (2) [The term "real property security" as used
in said sections  means:  (a)  An]  "REAL PROPERTY
SECURITY" MEANS (A) AN investment contract made in
connection with the  sale  of  a single promissory
note secured directly or collaterally by a lien on
real property or  a  single  real  property  sales
contract  wherein  the  real  property  securities
dealer or his  principal  agrees  to do or implies
that [he] SUCH  DEALER OR PRINCIPAL will do any of
the following: [(1)]  (i)  Guarantee  the  note or
contract against loss  at  any time, [or (2)] (ii)
guarantee that payments  of  principal or interest
will be paid  in  conformity with the terms of the
note  or  contract,  [or  (3)]  (iii)  assume  any
payments necessary to  protect the security of the
note or contract,  [or (4)] (iv) accept, from time
to time, partial  payments  toward the purchase of
the note or  contract,  [or  (5)]  (v) guarantee a
specific yield or  return on the note or contract,
[or (6)] (vi)  pay with his own funds any interest
or premium for  a  period prior to actual purchase
and delivery of  the  note  or  contract, [or (7)]
(vii) pay with  his  own funds any money after the
note or contract  falls  into  arrears,  or  [(8)]
(viii) repurchase the  note or contract; [(b)] (B)
one of a  series  of  promotional notes secured by
liens on separate  parcels of real property in one
subdivision or in  contiguous  subdivisions; [(c)]
OR (C) one  of  a  series  of  real property sales
contracts pertaining to  separate  parcels of real
property  in  one  subdivision  or  in  contiguous
subdivisions, all of  which  are  executed  by one
person or persons  associated  together as owners.
As   used   in   this   [subsection,   the   term]
SUBDIVISION, "real property  sales  contract" does
not include a  contract  executed  more than three
years prior to being offered for sale. Performance
of services in connection with loans or promissory
notes secured directly  or  collaterally by a lien
on  real  property   or   a  real  property  sales
contract, as agent for and at the direction of the
lender, borrower, or purchaser, including, but not
limited  to,  the   payment  of  taxes,  insurance
premiums or costs  of  foreclosure,  if  all  such
costs, excluding routine  office expenses, of such
services  are paid  by  or  payable  by  borrower,
lender or purchaser  shall  not be construed to be
an investment contract  [as defined in subdivision
(a)  of subsection  (2)  of  this  section]  UNDER
SUBPARAGRAPH (A) OF  THIS  SUBDIVISION. As used in
this  [section]  SUBDIVISION,  "promotional  note"
means a promissory  note  secured  by a trust deed
executed on unimproved  real property, or executed
after  construction  of   an  improvement  of  the
property but before the first sale of the property
as  so  improved,   or  executed  as  a  means  of
financing the first purchase of the property as so
improved, and which is subordinate or which by its
terms may become  subordinate  to  any other trust
deed on the  property,  [;  provided that the term
"promotional note"] BUT  does  not include [(i)] a
note which was  executed  in excess of three years
prior to being  offered  for sale or [(ii)] a note
secured by a  first trust deed on real property in
a subdivision, which  evidences  a  bona fide loan
made in connection with the financing of the usual
costs  of  the   development   of  a  residential,
commercial, or industrial building or buildings on
the property under  a  written agreement providing
for the disbursement  of  the  loan funds as costs
are incurred or in relation to the progress of the
work and providing  for  title  insurance insuring
the priority of the security as against mechanic's
liens or for  the  final  disbursement of at least
ten  per  cent   of   the  loan  funds  after  the
expiration  of  the   period  for  the  filing  of
mechanic's   liens.  [The   term   real   property
security]  "REAL  PROPERTY   SECURITY"   does  not
include any bond,  [or] debenture or note which is
one of a series of notes of equal priority secured
by an interest in the same real property.
    (3) [As used  in  said sections "sale"] "SALE"
or "sell" includes  every  issuance,  creation for
resale, disposition or  attempt  to  dispose  of a
real property security  for value and includes all
of the following,  whether  done  directly  or  by
circular   letter,   advertisement,    radio    or
television broadcast or otherwise: (A) An offer to
sell, (B) an  attempt  to sell, (C) a solicitation
of a sale,  (D)  a  contract  of  sale  or  (E) an
exchange.
    [(4)] (b) The  sale  to pension, retirement or
similar  trust  funds,  to  corporations,  to  any
[state]  bank and  trust  company,  savings  bank,
savings  and loan  association,  credit  union  or
national  banking  association,   to  real  estate
brokers [,] or  to attorneys shall not be deemed a
sale to the  public  for  the  purpose of sections
20-329o to 20-329bb, inclusive, AS AMENDED BY THIS
ACT.
    Sec.  53.  Section   20-329p  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    No  person  shall   act  as  a  real  property
securities  dealer in  this  state  without  first
having  obtained a  real  estate  brokers  license
under this chapter,  AS  AMENDED  BY THIS ACT, and
having an endorsement  attached  [thereto] TO SUCH
LICENSE, in such  form as may be prescribed by the
[Real Estate Commission]  COMMISSION, stating that
the licensee is  entitled to deal in real property
securities. Application for such endorsement shall
be made in  writing  to  [said]  THE commission in
such form as [it] THE COMMISSION may prescribe.
    Sec. 54. Subsection  (b) of section 20-329q of
the general statutes is repealed and the following
is substituted in lieu thereof:
    (b) The statement  required  by subsection (a)
of this section  shall be in a form prescribed and
approved   by   the   [Real   Estate   Commission]
COMMISSION and shall  include,  but not be limited
to, the following information:
    (1) [Legal] THE  LEGAL  description or address
of the property  subject  to the lien securing the
note or contract being made or sold;
    (2) The name  and  address of the fee owner of
the property subject to the lien securing the note
or contract being made or sold;
    (3)  Available  information  relative  to  the
ability of the  person liable on the obligation to
meet [his] SUCH PERSON'S contractual payments;
    (4) Any improvements  on  the  property or the
absence [thereof] OF SUCH IMPROVEMENTS;
    (5) Any streets,  sewers,  water  mains, curbs
and gutters on  or adjacent to the property or the
absence thereof;
    (6) Terms and  conditions  of  the contract or
note being made  or  sold, including the principal
balance owing thereon, and the status of principal
and interest payments thereon;
    (7) A statement  of  the  approximate  balloon
payment on the  note  or  contract  being  made or
sold, WHICH shall  appear prominently in words and
figures;
    (8) [Insofar as it is] IF available, the terms
and conditions of  all prior recorded encumbrances
which  constitute liens  upon  the  property,  the
principal balance of [said] SUCH encumbrances, and
the  status of  principal  and  interest  payments
thereon;
    (9)  Amounts  and   terms  of  tax  liens  and
assessments, [insofar as they are] IF available;
    (10) A written  statement of the real property
securities  dealer's  considered  opinion  of  the
current fair market  value  of the property and of
the equity [therein]  IN THE PROPERTY securing the
note or contract or that the purchaser will obtain
his own appraisal [thereof] OF SUCH PROPERTY;
    (11)  Whether  the  real  property  securities
dealer is acting as a principal or as an agent;
    (12) A statement  that  the  transaction is in
compliance with the provisions of sections 20-329o
to 20-329bb, inclusive,  AS  AMENDED  BY THIS ACT;
AND
    (13)   Such   other    information    as   the
Commissioner  of  Consumer  Protection,  with  the
advice  and  assistance   of   the   [Real  Estate
Commission] COMMISSION, may  require [from time to
time] by regulation  ADOPTED  IN  ACCORDANCE  WITH
CHAPTER 54.
    Sec.  55.  Section   20-329r  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    An appraisal of  each  parcel of real property
which relates to  a  transaction  subject  to  the
provisions  of  section   20-329o   to   20-329bb,
inclusive, AS AMENDED  BY  THIS ACT, shall be made
by the real  property  securities  dealer or by an
independent appraiser unless  the purchaser of the
obligation to which  the  parcel relates indicates
[under subdivision (j) of] ON the form required by
subsection (b) of  section  20-329q, AS AMENDED BY
THIS ACT, PURSUANT  TO  SUBDIVISION  (10)  OF SAID
SUBSECTION, that [he]  THE  PURCHASER  will obtain
his  own  appraisal.  An  appraisal  by  the  real
property  securities  dealer  or  his  agent  made
pursuant to this section shall be kept on file for
four years.
    Sec.  56.  Section   20-329s  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    Every real property  securities  dealer  shall
file with the [Real Estate Commission] COMMISSION,
ten days prior to use, true copies of all material
which pertains to  activities  subject to sections
20-329o to 20-329bb, inclusive, AS AMENDED BY THIS
ACT.  [Said]  THE   commission  shall  approve  or
disapprove  such  material   within  ten  days  of
receiving  [same] SUCH  MATERIAL.  If  [said]  THE
commission  fails  to  give  notice  to  the  real
property securities dealer  of  its disapproval of
any such material within [said period of] ten days
[it] OF RECEIVING  SUCH  MATERIAL,  THE COMMISSION
shall  be deemed  to  have  approved  [same]  SUCH
MATERIAL. No real property securities dealer shall
use any such  material in any way after [said] THE
commission  gives  notice  in  writing  that  such
material contains any  statement  that is false or
misleading or omits  to state material information
that is necessary  to  make  [the]  ANY  statement
[therein] IN SUCH MATERIAL complete and accurate.
    Sec.  57.  Section   20-329t  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    (a)  Every  real  property  securities  dealer
shall  file  with  the  [Real  Estate  Commission]
COMMISSION,   annually,   a    report   containing
financial statements in  accordance with generally
accepted accounting principles,  accompanied by an
opinion thereon by  a  certified public accountant
based  upon  an   audit   of   the  real  property
securities dealer's business  subject  to sections
20-329o to 20-329bb, inclusive, AS AMENDED BY THIS
ACT, which is  not materially restricted in scope.
The report shall  be  filed  with the [Real Estate
Commission] COMMISSION within sixty days after the
close of the period of the report unless, for good
cause shown, the  commission,  in writing, extends
the time [therefor]  FOR  FILING  THE  REPORT. The
report shall include, but shall not be limited to:
[the following:] (1) The total number of sales, as
principal  or  agent,  subject  to  said  sections
during the period; (2) information relating to the
receipt and disposition  of  all  funds handled in
connection  with  transactions   subject  to  said
sections; and (3)  the total dollar volume of such
sales.
    (b) The Commissioner  of  Consumer Protection,
with the advice and assistance of the [Real Estate
Commission] COMMISSION, may, BY REGULATION ADOPTED
IN  ACCORDANCE  WITH   CHAPTER  54,  require  such
[other] ADDITIONAL information  in  such report as
the commissioner may deem necessary. [from time to
time by regulation.]
    (c)  In  the   event   that  a  real  property
securities dealer fails  to file a report pursuant
to this section  the  commissioner  may  cause  an
audit to be  made and shall charge and collect the
cost of the audit from such dealer.
    Sec.  58.  Section   20-329u  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    Whenever   the   [Real    Estate   Commission]
COMMISSION finds that  [any person is (a)] (1) ANY
PERSON IS violating  the  provisions  of  sections
20-329o to 20-329bb, inclusive, AS AMENDED BY THIS
ACT, [(b) that  he  is  conducting  his]  (2)  ANY
PERSON IS CONDUCTING  business  AS A REAL PROPERTY
SECURITIES  DEALER  OR  ISSUER  in  an  unsafe  or
injurious manner, [(c)  that] (3) the further sale
of real property  securities  BY  ANY PERSON under
the provisions of  said  sections would be unfair,
unjust  or inequitable,  or  [(d)  that]  (4)  the
method used by  [him  in such sales] ANY PERSON IN
THE SALE OF  REAL PROPERTY SECURITIES would work a
fraud upon the purchasers, [it] THE COMMISSION may
order [the] SUCH person to desist and refrain from
violating the provisions  of said sections or from
further sales OF  REAL  PROPERTY  SECURITIES.  Any
person  aggrieved  by  any  order  issued  by  the
commission under this  section may appeal [against
such  order  in  the  manner  provided  in]  UNDER
section [20-322] 20-329aa, AS AMENDED BY THIS ACT.
    Sec.  59.  Section   20-329v  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    (a) No real property security shall be sold to
the public without  either  the issuer or the real
property  securities  dealer   first  obtaining  a
permit   from   the   [Real   Estate   Commission]
COMMISSION.
    (b) Each [applicant]  APPLICATION for a permit
to sell any real property securities shall be made
in writing, on  such  forms and in such manner and
accompanied by such  evidence  in  support of such
application as is  prescribed  by  the commission.
The commission may  require  such information with
regard to the  applicant  as  [it]  THE COMMISSION
deems desirable, with  due regard to the paramount
interests  of  the   public  as  to  the  honesty,
truthfulness,  integrity  and  competency  of  the
applicant.    The   Commissioner    of    Consumer
Protection, with the  advice and assistance of the
[Real  Estate  Commission]   COMMISSION,  may,  by
regulation ADOPTED IN  ACCORDANCE WITH CHAPTER 54,
establish reasonable filing  fees, which shall not
be less than  forty dollars. [and] SUCH FEES shall
be deposited in the General Fund.
    Sec.  60.  Section   20-329w  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    (a) If the [Real Estate Commission] COMMISSION
finds, IN CONNECTION  WITH  AN  APPLICATION  FILED
UNDER SECTION 20-329v,  AS  AMENDED  BY  THIS ACT,
that (1) the  proposed  plan  of  business  of the
applicant and the  proposed  sale of real property
securities is fair, just and equitable, (2) [that]
the applicant intends  to  transact [his] business
fairly  and honestly,  and  (3)  [that]  the  real
property securities which  the  applicant proposed
to sell are  not  such  as,  in the opinion of the
commission will work  a  fraud  upon the purchaser
[thereof] OF SUCH  REAL  PROPERTY  SECURITIES, the
commission shall issue  to  the applicant a permit
authorizing [him] THE  APPLICANT to sell such real
property securities in  such  amounts and for such
considerations and upon  such terms and conditions
as  the commission  may  provide  in  the  permit.
[Otherwise, it] IF  THE  COMMISSION  DOES NOT MAKE
SUCH  FINDINGS,  THE  COMMISSION  shall  deny  the
application,  [and]  refuse  the  permit  [,]  and
notify the applicant  in  writing of its decision.
The authority to issue a permit UNDER THIS SECTION
shall not empower  the commission to authorize the
sale of notes  or  contracts  under  a  plan which
provides  for  the   establishment  of  investment
participation  pools  based  upon  such  notes  or
contracts   or   authorize    the    issuance   of
certificates based upon  notes  or contracts being
used as collateral for the certificates.
    (b) Any applicant  aggrieved by the refusal of
a permit UNDER  THIS  SECTION or the conditions of
any permit ISSUED  UNDER  THIS  SECTION  shall  be
GIVEN  NOTICE  AND  afforded  AN  opportunity  for
hearing   as   provided    in    the   regulations
[established]  ADOPTED  by   the  Commissioner  of
Consumer Protection.
    Sec.  61.  Section   20-329x  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    Any person [guilty  of  any  of  the following
acts] shall be  fined  not more than five thousand
dollars or imprisoned  not  less than one year and
not  more than  five  years,  or  both  fined  and
imprisoned, [who] IF SUCH PERSON:
    [(a)] (1) In  any  application  to  the  [Real
Estate Commission] COMMISSION or in any proceeding
before [it] THE COMMISSION, or in any examination,
audit or investigation  made  by the Department of
Consumer Protection under this chapter, AS AMENDED
BY THIS ACT,  knowingly  makes any false statement
or  representation,  or,  with  knowledge  of  its
falsity, files or  causes  to  be  filed  with the
commission any false  statement  or representation
in a required report;
    [(b)] (2) Issues,  circulates or publishes, or
causes to be  issued,  circulated or published any
advertisement,  pamphlet, prospectus  or  circular
concerning  any  real   property   security  which
contains   any  statement   that   is   false   or
misleading, or IS  otherwise  likely  to deceive a
reader thereof, with  knowledge  that  it contains
such false, misleading or deceptive statement;
    [(c)] (3) In  any respect wilfully violates or
fails to comply  with  any  provision  of sections
20-329o to 20-329bb, inclusive, AS AMENDED BY THIS
ACT,  or wilfully  violates  or  fails,  omits  or
neglects to obey,  observe  or  comply with ALL OR
ANY  PART  OF   any   order,   decision,   demand,
requirement or permit [, or any part or provisions
thereof,] of the  commission  under said sections;
OR
    [(d)] (4) With  one  or  more  other  persons,
conspires to violate any permit or order issued by
the commission or any provision of said sections.
    Sec.  62.  Section   20-329z  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    The Commissioner of  Consumer Protection, with
the advice and  assistance  of  the  [Real  Estate
Commission]  COMMISSION,  may  [make]  ADOPT  such
reasonable regulations, IN ACCORDANCE WITH CHAPTER
54, as the  commissioner  deems necessary to carry
out  the  provisions   of   sections   20-329o  to
20-329bb, inclusive, AS AMENDED BY THIS ACT.
    Sec.  63.  Section  20-329aa  of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    Any person aggrieved  by any decision or order
of  the  commission   UNDER  SECTIONS  20-320o  TO
20-329bb, INCLUSIVE, AS  AMENDED  BY THIS ACT, may
appeal [therefrom] FROM  SUCH DECISION OR ORDER in
accordance with the provisions of section 4-183.
    Sec.  64.  Section   20-450   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    [For the purposes  of]  AS  USED  IN  sections
20-450 to 20-462,  inclusive,  AS  AMENDED BY THIS
ACT, UNLESS THE CONTEXT OTHERWISE REQUIRES:
    (1) "Association" means (A) an ["association"]
ASSOCIATION, as defined  in  section 47-202 and an
["association of unit owners"] ASSOCIATION OF UNIT
OWNERS,  as  defined  in  section  47-68a  and  in
section 47-68 of  the general statutes, revised to
January 1, 1975,  and  (B)  the  mandatory  owners
organization of any  common interest community, as
defined in section 47-202, which community was not
created under chapter  825 or 828 or under chapter
825 of the general statutes, revised to January 1,
1975. "Association" [shall]  DOES  not  include an
association of a  common  interest community which
contains only units  restricted  to nonresidential
use;
    (2) "Community association  manager"  means  a
person   who   provides   association   management
services;
    (3)  "Association management  services"  means
services   provided   to    an   association   for
remuneration  including  one   or   more   of  the
following:   (A)   Collecting,    controlling   or
disbursing funds of  the association or having the
authority to do so; (B) preparing budgets or other
financial  documents  for   the  association;  (C)
assisting  in  the   conduct   of   or  conducting
association meetings; (D)  advising  or  assisting
the  association  in   obtaining   insurance;  (E)
coordinating or supervising the overall operations
of the association;  (F)  advising the association
on the overall  operations of the association. Any
person licensed in  this state under any provision
of the general  statutes  or  rules  of  court who
provides the services  for which he is licensed to
an  association for  remuneration,  shall  not  be
deemed  to  be  providing  association  management
services. Any director, officer or other member of
an association who  provides services specified in
this [subsection] SUBDIVISION  to  the association
of which he  is a member shall not be deemed to be
providing association management services;
    (4) "Commission" means  the  CONNECTICUT  Real
Estate Commission APPOINTED  UNDER  THE PROVISIONS
OF SECTION 20-311a, AS AMENDED BY THIS ACT;
    (5)  "Department"  means   the  Department  of
Consumer Protection; and
    (6) "Person" means an individual, partnership,
corporation, limited liability  company  or  other
legal entity.
    Sec. 65. Subsection  (b)  of section 20-454 of
the general statutes is repealed and the following
is substituted in lieu thereof:
    (b) In the  event  the  applicant  requests  a
hearing within such ten days, the commission shall
give notice of  the  grounds  for  its refusal and
shall conduct a hearing concerning such refusal in
accordance  with  the  provisions  of  chapter  54
concerning contested [matters] CASES.
    Sec. 66. Subsection  (a)  of section 20-456 of
the general statutes is repealed and the following
is substituted in lieu thereof:
    (a)  The commission  may  revoke,  suspend  or
refuse  to  issue  or  renew  any  certificate  of
registration as a community association manager or
place a registrant  on probation or issue a letter
of  reprimand  for:   (1)   Making   any  material
misrepresentation; (2) making any false promise of
a  character  likely  to  influence,  persuade  or
induce; (3) failing,  within a reasonable time, to
account for or  remit  any  moneys coming into his
possession which belong  to others; (4) conviction
in a court  of  competent  jurisdiction of this or
any   other  state   of   forgery,   embezzlement,
obtaining money under  false  pretenses,  larceny,
extortion, conspiracy to  defraud,  or  other like
offense  or  offenses,   provided   suspension  or
revocation under this subdivision shall be subject
to  the  provisions   of   section   46a-80;   (5)
commingling  funds  of  others  in  an  escrow  or
trustee   account;  (6)   commingling   funds   of
different associations; (7)  any  act  or  conduct
which   constitutes   dishonest,   fraudulent   or
improper  dealings; or  (8)  a  violation  of  any
provision of sections 20-450 to 20-462, inclusive,
AS AMENDED BY THIS ACT, or any regulation [issued]
ADOPTED under section 20-461.
    Sec.  67.  Section   20-500   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    As  used  in   sections   20-500   to  20-528,
inclusive, AS AMENDED  BY  THIS  ACT,  UNLESS  THE
CONTEXT OTHERWISE REQUIRES:
    (1)   "Appraisal   Foundation"    means    the
not-for-profit corporation referred  to in Section
1121 of Title XI of FIRREA.
    (2) "Certified appraiser"  means  a person who
has  satisfied  the  minimum  requirements  for  a
category of certification established by the [Real
Estate   Appraisal   Commission]   COMMISSION   by
regulation.  Such minimum  requirements  shall  be
consistent  with  guidelines  established  by  the
Appraisal  Qualification Board  of  the  Appraisal
Foundation. The categories  of certification shall
include, but may  be  modified by the [Real Estate
Appraisal Commission] COMMISSION  thereafter,  one
category   denoted   as   "certified   residential
appraiser"  and  another   denoted  as  "certified
general appraiser".
    (3) "Tenured appraiser"  means  a  person  who
held a real estate appraisal license as of January
1,   1991,   and   has   satisfied   the   minimum
requirements for a  license as a tenured appraiser
as  established  by  the  [Real  Estate  Appraisal
Commission]   COMMISSION   by    regulation.   The
categories of tenured  appraisal shall include one
category   denoted   as    "tenured    residential
appraiser" and another denoted as "tenured general
appraiser".
    (4) "Commission" means  the  CONNECTICUT  Real
Estate Appraisal Commission  APPOINTED  UNDER  THE
PROVISIONS OF SECTION  20-502,  AS AMENDED BY THIS
ACT.
    (5) "Engaging in  the  real  estate  appraisal
business" means the  act  or process of estimating
the value of  real  estate  for  a  fee  or  other
valuable consideration.
    [(6) "Federally related  transaction"  has the
meaning given by  Section  1121  of  Title  XI  of
FIRREA.]
    [(7)]  (6)  "FIRREA"   means   the   Financial
Institutions, Reform, Recovery and Enforcement Act
of 1989, P.L. 101-73, 103 Stat. 183.
    [(8)] (7) "Licensed  appraiser" means a person
who has satisfied  the  minimum requirements for a
category of licensing, other than licensed tenured
appraiser,  established  by   the   [Real   Estate
Appraisal  Commission] COMMISSION  by  regulation.
Such minimum requirements  may  be consistent with
guidelines    established   by    the    Appraisal
Qualification Board of  the  Appraisal Foundation.
The categories of licensing shall include, but may
be  modified  by   the   [Real   Estate  Appraisal
Commission]  COMMISSION thereafter,  one  category
denoted as "licensed  residential  appraiser"  and
another denoted as "licensed general appraiser".
    [(9)]  (8)  "Person"   means  any  individual,
partnership,   association,   limited    liability
company or corporation.
    [(10)]  (9) "Provisional  appraiser"  means  a
person engaged in  the  business of estimating the
value of real  estate  for a fee or other valuable
consideration under the  supervision of a licensed
or certified real  estate  appraiser and who meets
the minimum requirements,  if  any, established by
the [Real Estate  Appraisal Commission] COMMISSION
by regulation for provisional appraiser status.
    [(11)] (10) "Real  estate  appraiser"  means a
person engaged in  the  business of estimating the
value of real  estate  for a fee or other valuable
consideration.
    Sec. 68. Subsection  (b)  of section 20-502 of
the general statutes is repealed and the following
is substituted in lieu thereof:
    (b)  The commission  shall  consist  of  eight
persons, electors of  the  state, appointed by the
Governor. Five of  the  members shall be certified
appraisers. Three of  the  members shall be public
members. Not more  than  a bare majority of [said]
THE  commission  shall  be  members  of  the  same
political party and  there  shall  be at least one
member from each congressional district.
    Sec.  69.  Section   20-504   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    The Commissioner of  Consumer Protection, with
advice and assistance  from  the  commission,  may
[make]  ADOPT  such   reasonable  regulations,  in
accordance with chapter  54,  as  the commissioner
deems necessary to  carry  out  the  provisions of
sections 20-500 to  20-528,  inclusive, AS AMENDED
BY THIS ACT. Such regulations shall, at a minimum,
address  real  estate   appraiser  qualifications,
continuing  education,  discipline,   real  estate
appraiser   certification,   licensing,    tenured
licensing and provisional  licensing  applications
and renewals and  shall  require  any  real estate
appraiser  to  comply   with   generally  accepted
standards of professional  appraisal  practice  as
described in the Uniform Standards of Professional
Appraisal  Practice  issued   by   the   Appraisal
Standards  Board  of   the   Appraisal  Foundation
pursuant to Title  XI  of  FIRREA. The regulations
shall further require  any  real  estate appraiser
who wishes to  enter  in  or upon any premises not
the  subject  of   appraisal   for   purposes   of
estimating the value  of comparable real estate to
obtain the permission  of the owner or occupier of
the  premises  and   to  identify  himself  as  an
appraiser.
    Sec.  70.  Section   20-505   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    The chairman OF THE COMMISSION shall be bonded
under the provisions  of section 4-20, in such sum
as  the  State   Insurance  Purchasing  Board  may
prescribe,  with  THE   condition  that  [he]  THE
CHAIRMAN  faithfully perform  the  duties  of  his
office and account  for  all funds received [under
color of his] PURSUANT TO SUCH office.
    Sec.  71.  Section   20-508   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    Any  person  possessing   the   qualifications
prescribed   in   sections   20-500   to   20-528,
inclusive, AS AMENDED  BY  THIS  ACT,  and  in any
regulations adopted in  conformity  [thereto] WITH
SAID SECTIONS, who  desires  to engage in the real
estate appraisal business  shall  make application
TO THE COMMISSION,  in  writing,  as [hereinafter]
provided IN SECTION  20-509,  AS  AMENDED  BY THIS
ACT,  [to  the   commission]   for   the  specific
certification,   license,   tenured   license   or
provisional license desired.
    Sec.  72.  Section   20-509   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    (a) Certifications, licenses, tenured licenses
and provisional licenses  UNDER SECTIONS 20-500 TO
20-528, INCLUSIVE, AS  AMENDED  BY THIS ACT, shall
be  granted  only  to  persons  who  bear  a  good
reputation  for  honesty,  truthfulness  and  fair
dealing and who  are  competent  to  transact  the
business of a real estate appraiser in such manner
as to safeguard the interests of the public.
    (b)  Each  application  for  a  certification,
license, tenured license  or  provisional  license
UNDER SAID SECTIONS,  or  for  a  renewal thereof,
shall be made  in  writing,  on  such forms and in
such manner as  is prescribed by the Department of
Consumer  Protection  and   accompanied   by  such
evidence in support  of  such  application  as  is
prescribed by the  commission.  The commission may
require  such  information   with   regard  to  an
applicant as [it]  THE COMMISSION deems desirable,
with due regard  to the paramount interests of the
public, as to the honesty, truthfulness, integrity
and competency of  the  applicant  and,  where the
applicant  is  a   corporation,   association   or
partnership,  as  to  the  honesty,  truthfulness,
integrity and competency  of  the officers of such
corporation or the  members of such association or
partnership.
    (c) [Application fees,  paid  the  commission,
shall be] FEES FOR APPLICATIONS UNDER THIS SECTION
SHALL BE PAID  TO THE COMMISSION AS FOLLOWS: Sixty
dollars  for  certification;   forty  dollars  for
licensing; forty dollars for tenured licensing and
forty  dollars  for   provisional  licensing.  The
payment of an  application  fee  shall  entitle an
applicant  who  otherwise  meets  the  appropriate
requirements established by the commission to take
the   appropriate   written   examination,   where
applicable, four times  within the one-year period
from the date  of  payment.  In  addition  to  the
application fee, applicants  taking an examination
administered by a  national  testing service shall
be  required  to  pay  directly  to  such  testing
service an examination  fee  covering  the cost of
such examination.
    Sec.  73.  Section   20-510   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    In order to  determine  the  competency of any
applicant   for   a    real   estate   appraiser's
certification or license,  the  commission  shall,
and, in the case of an applicant for a provisional
license, may subject  such  applicant  to personal
written examination as  to  [his]  THE APPLICANT'S
competency to act as a real estate appraiser. Such
examination shall be prepared by the Department of
Consumer  Protection  or  by  a  national  testing
service designated by the Commissioner of Consumer
Protection, shall be administered to applicants by
the Department of  Consumer  Protection or by such
testing service at such times and places as [said]
THE commissioner may  deem  necessary and shall be
consistent  with  guidelines  established  by  the
Appraisal  Qualification Board  of  the  Appraisal
Foundation. The commission  may  waive the written
examination  requirement  in   the   case   of  an
applicant who, in  the  opinion of the commission,
has taken an  equivalent  written  examination  in
another state and  has  received  a  score  deemed
satisfactory by the commission.
    Sec. 74. Subsection  (e)  of section 20-511 of
the general statutes is repealed and the following
is substituted in lieu thereof:
    (e)  Any person  whose  application  has  been
filed as [herein]  provided  IN  THIS  SECTION AND
SECTION 20-509, AS  AMENDED  BY  THIS  ACT, who is
refused a certification,  license, tenured license
or provisional license  shall  be given notice and
afforded AN opportunity for hearing as provided in
the  regulations  [established]   ADOPTED  by  the
Commissioner of Consumer Protection.
    Sec.  75.  Section   20-512   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    The Commissioner of  Consumer Protection, with
the advice and  assistance  of the commission, may
[make]  ADOPT  such   reasonable  regulations,  IN
ACCORDANCE WITH CHAPTER  54, as the commissioner a
may deem necessary  relating  to  the  approval of
schools offering courses  in real estate appraisal
principles and practice  and related subjects, the
content  of  such  courses  or  programs  and  the
advertising to the  public of the services of such
schools.  Such  regulations   shall   not  require
approval of instructors at such schools.
    Sec.  76.  Section   20-514   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    (a) No certification, license, tenured license
or provisional license,  as the case may be, shall
be denied by  the commission UNDER SECTIONS 20-500
TO 20-528, INCLUSIVE,  AS  AMENDED BY THIS ACT, to
any applicant who  has  been convicted of forgery,
embezzlement,   obtaining   money    under   false
pretenses,  extortion,  criminal   conspiracy   to
defraud, or other  like offense or offenses, or to
any  association  or  partnership  of  which  such
person is a member, or to any corporation of which
such  person is  an  officer  or  in  which  as  a
stockholder  such  person   has   or  exercises  a
controlling interest either directly or indirectly
except  in  accordance   with  the  provisions  of
section 46a-80.
    (b) No certification, license, tenured license
or provisional license,  as the case may be, shall
be issued by the Department of Consumer Protection
UNDER SECTIONS 20-500  TO  20-528,  INCLUSIVE,  AS
AMENDED BY THIS  ACT,  to  any applicant (1) whose
application for a  certification, license, tenured
license or provisional  license,  as  the case may
be, has, within  one year prior to the date of his
application, [hereunder,] been  rejected  in  this
state, in any  other  state  or in the District of
Columbia  or  (2)  whose  certification,  license,
tenured license or  provisional  license,  as  the
case may be,  has,  within  one  year prior to the
date of his application, [hereunder,] been revoked
in this state,  in  any  other  state  or  in  the
District of Columbia.
    (c) No certification, license, tenured license
or provisional license,  as the case may be, shall
be  issued  UNDER   SECTIONS   20-500  TO  20-528,
INCLUSIVE, AS AMENDED  BY  THIS ACT, to any person
who has not attained the age of eighteen years.
    Sec.  77.  Section   20-515   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    (a) A nonresident  of  this state may become a
real estate appraiser  by conforming to all of the
provisions   of   sections   20-500   to   20-528,
inclusive, AS AMENDED  BY THIS ACT. The commission
shall recognize a  current,  valid  certification,
license or provisional  license,  as  the case may
be, issued to  a  currently  practicing, competent
real  estate  appraiser   by   another   state  as
satisfactorily qualifying him for a certification,
license or provisional  license,  as  the case may
be,  as  a   real   estate  appraiser  under  said
sections, provided: [the]  (1)  THE  laws  of  the
state of which  he  is  a  resident  require  that
applicants   for   certifications,   licenses   or
provisional licenses, as  the case may be, as real
estate appraiser permit  certifications,  licenses
or provisional licenses  to be issued to residents
of  [the  state   of   Connecticut]   THIS  STATE,
certified, licensed or  provisionally licensed, as
the case may  be,  under  said  sections,  without
examination, and [provided  further  that] (2) the
certification, licensing and provisional licensing
requirements of [such]  THE state OF WHICH HE IS A
RESIDENT are substantially  similar  to, or higher
than those of  this state, including establishment
of competency by  written  examination in the case
of licensed and  certified  appraisers,  and  such
appraiser  has  no   disciplinary   proceeding  or
unresolved complaint pending  against  him. If the
applicant is a  resident of a state which does not
have such requirements,  such  applicant  shall be
certified, licensed or provisionally licensed by a
state in accordance  with Section 1116 of Title XI
of FIRREA.
    (b) Every nonresident  applicant shall file an
irrevocable consent that  suits and actions may be
commenced against such  applicant  in  the  proper
court in any  judicial  district  of  the state in
which a cause  of action may arise or in which the
plaintiff  may  reside,  by  the  service  of  any
process or pleading,  authorized  by  the  laws of
this state, on  the  chairman  of  the commission,
such consent stipulating  and  agreeing  that such
service of such process or pleading shall be taken
and held in  all courts to be as valid and binding
as if service had been made upon such applicant in
[the state of  Connecticut]  THIS  STATE.  If  any
process or pleadings mentioned in this chapter, AS
AMENDED BY THIS  ACT,  are  served upon [said] THE
chairman  OF  THE   COMMISSION,  it  shall  be  by
duplicate copies, one  of  which shall be filed in
the  office  of  the  commission,  and  the  other
immediately forwarded by  registered  or certified
mail, to the  applicant  against whom such process
or  pleadings  are  directed,  at  the  last-known
address of such  applicant as shown by the records
of the commission.  [,  and  no] NO default in any
such proceedings or  action  shall be taken unless
it appears by  affidavit  of  the  chairman of the
commission that a  copy of the process or pleading
was mailed to  the  defendant as [herein] required
IN THIS SUBSECTION,  and  no  judgment  by default
shall be taken  in  any  such action or proceeding
within twenty days  after  the  date of mailing of
such  process  or   pleading  to  the  nonresident
defendant.
    (c) The Commissioner  of  Consumer Protection,
with the advice  and assistance of the commission,
pursuant to Section 1122(a) of Title XI of FIRREA,
shall [make] ADOPT such reasonable regulations, IN
ACCORDANCE WITH CHAPTER  54,  as  the commissioner
deems  necessary  to   effectuate   certification,
licensing and provisional licensing of nonresident
appraisers.  Such  certification,   licensing  and
provisional licensing shall  be  recognized  on  a
temporary basis in  this  state.  The  fee  for  a
temporary  certification, license  or  provisional
license shall be  [the  sum  of] one hundred fifty
dollars. The temporary  certification,  license or
provisional license shall  be effective for ninety
days from issuance  and  for  only  one  appraisal
assignment.
    Sec. 78. Subsection  (b)  of section 20-517 of
the general statutes is repealed and the following
is substituted in lieu thereof:
    (b)  The  commission   shall   authorize   the
Department  of  Consumer  Protection  to  issue  a
renewal certification, license, tenured license or
provisional license, as  the  case  may be, to any
applicant   who   possesses   the   qualifications
specified  and otherwise  has  complied  with  the
provisions   of   sections   20-500   to   20-528,
inclusive,  AS  AMENDED   BY  THIS  ACT,  and  any
regulation adopted in  conformity  [thereto]  WITH
SAID SECTIONS.
    Sec.  79.  Section   20-518   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    The  Department of  Consumer  Protection  may,
upon the request  of  the  commission  or upon the
verified  complaint  in  writing  of  any  person,
provided  such  complaint,   or   such   complaint
together with evidence,  documentary or otherwise,
represented in connection  [therewith]  WITH  SUCH
COMPLAINT, shall make  out  a  prima  facie  case,
investigate  the  actions   of   any  real  estate
appraiser or any  person who assumes to act in any
of  such  capacities   within   this   state.  The
commission shall have  the  power  temporarily  to
suspend    or   permanently    to    revoke    any
certification,   license,   tenured   license   or
provisional license, as  the  case  may be, issued
under the provisions of sections 20-500 to 20-528,
inclusive, AS AMENDED BY THIS ACT, and in addition
to, or in  lieu of, such suspension or revocation,
may, in its  discretion, impose a fine of not more
than one thousand dollars for the first offense at
any time when,  after  proceedings  as provided in
section 20-519, AS  AMENDED  BY THIS ACT, it finds
that the certification  holder,  licensee, tenured
licensee or provisional  licensee  has by false or
fraudulent     misrepresentation    obtained     a
certification,   license,   tenured   license   or
provisional license, as  the  case may be, or that
the   certification  holder,   licensee,   tenured
licensee or provisional  licensee is guilty of any
of  the  following:   (1)   Making   any  material
misrepresentation; (2) making any false promise of
a  character  likely  to  influence,  persuade  or
induce; (3) acting  for  more  than one party in a
transaction without the  knowledge  of all parties
for whom he  acts;  (4)  conviction  in a court of
competent jurisdiction of  this or any other state
of forgery, embezzlement,  obtaining  money  under
false pretenses, larceny, extortion, conspiracy to
defraud,  or  other   like  offense  or  offenses,
provided  suspension  or   revocation  under  this
subdivision shall be  subject to the provisions of
section  46a-80; (5)  any  act  or  conduct  which
constitutes  dishonest,  fraudulent   or  improper
dealings; (6) a  violation  of  any  provision  of
sections 20-500 to  20-528,  inclusive, AS AMENDED
BY THIS ACT,  or  any  regulation [issued] ADOPTED
under said sections.
    Sec.  80.  Section   20-519   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    Before refusing, suspending  or  revoking  any
certification,   license,   tenured   license   or
provisional license, or  imposing  any  fine,  the
commission  shall  give   notice   and  afford  AN
opportunity  for  hearing   as   provided  in  the
regulations   [established]   ADOPTED    by    the
Commissioner of Consumer Protection.
    Sec.  81.  Section   20-521   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    Any  certification holder,  licensee,  tenured
licensee or provisional  licensee  convicted  of a
violation of any  of  the  offenses  enumerated in
subdivision (4) of  section  20-518, AS AMENDED BY
THIS  ACT,  shall   incur   a  forfeiture  of  his
certification,   license,   tenured   license   or
provisional license and  all  moneys that may have
been  paid  [therefor]   FOR  SUCH  CERTIFICATION,
LICENSE, TENURED LICENSE  OR  PROVISIONAL LICENSE.
The clerk of  any  court  [wherein]  IN WHICH such
conviction has been  [had]  RENDERED shall forward
to the commission  without charge a certified copy
of  such  conviction.  The  commission,  upon  the
receipt of a  copy  of the judgment of conviction,
shall, [within ten days thereafter] NOT LATER THAN
TEN   DAYS  AFTER   SUCH   RECEIPT,   notify   the
certification holder, licensee,  tenured  licensee
or  provisional  licensee,   in  writing,  of  the
revocation of his  certification, license, tenured
license or provisional  license,  as  the case may
be,  which notice  shall  be  conclusive  of  [the
revocation thereof] SUCH  REVOCATION.  Application
for reinstatement of  such certification, license,
tenured license or  provisional  license  shall be
subject to the provisions of section 46a-80.
    Sec. 82. Subsection  (a)  of section 20-523 of
the general statutes is repealed and the following
is substituted in lieu thereof:
    (a) Any person who engages in the [business of
real  estate  appraiser]   REAL  ESTATE  APPRAISAL
BUSINESS   without  obtaining   a   certification,
license, tenured license  or  provisional license,
as  the case  may  be,  as  [herein]  provided  IN
SECTIONS 20-500 TO  20-528,  INCLUSIVE, AS AMENDED
BY THIS ACT,  shall  be  fined  not  more than one
thousand dollars or  imprisoned  not more than six
months or both,  and shall be ineligible to obtain
a  certification,  license,   tenured  license  or
provisional license for  one year from the date of
conviction of such offense, except the commission,
in  its discretion,  may  grant  a  certification,
license, tenured license  or  provisional license,
as the case  may  be,  to  such person within such
one-year  period  upon  application  and  after  a
hearing [thereon] ON SUCH APPLICATION.
    Sec.  83.  Section   20-524   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    The commission shall  submit  to the Governor,
as provided in  section  4-60,  a  report  of  its
official acts under  sections  20-500  to  20-528,
inclusive, AS AMENDED  BY THIS ACT. The commission
shall keep a  record  of  proceedings  and  orders
pertaining to the  matters  under its jurisdiction
and of certifications,  licenses, tenured licenses
or   provisional   licenses    granted,   refused,
suspended or revoked by it and of all reports sent
to  its  office.   The  commission  shall  furnish
without charge, for  official  use only, certified
copies   of  certifications,   licenses,   tenured
licenses,  provisional  licenses   and   documents
relating thereto, to officials of [the] THIS state
or any municipality  [therein]  IN  THIS STATE, to
officials of any  other  state and to any court in
this state. Any  certified copy of any document or
record of the  commission, attested as a true copy
by  the  chairman  of  the  commission,  shall  be
competent evidence in  any  court of this state of
the facts [therein]  contained IN SUCH DOCUMENT OR
RECORD.
    Sec.  84.  Section   20-525   of  the  general
statutes  is  repealed   and   the   following  is
substituted in lieu thereof:
    The Department of  Consumer Protection, at the
request  of  the   commission,   may  periodically
compile   and  publish   a   bulletin   containing
information   and   material   relating   to   the
commission,  its  functions   and  certifications,
licenses, tenured licenses,  provisional  licenses
and other information and material relating to the
real estate appraisal  industry  which might be of
help   and  interest   to   certificate   holders,
licensees,   tenured  licensees   or   provisional
licensees in their  service  of  the  public.  The
commission  may also  request  the  department  to
publish  such  information  and  material  in  any
established periodical published  in the state if,
in the opinion of [that] THE commission, such form
of   publication   would    ensure    the   widest
dissemination of such  information and material to
certification    holders,    licensees,    tenured
licensees  and  provisional   licensees   and  the
public.
    Sec. 85. Subsection  (a)  of section 20-528 of
the general statutes is repealed and the following
is substituted in lieu thereof:
    (a) On or  before  May 1, 1994, the Department
of Consumer Protection shall adopt regulations, IN
ACCORDANCE  WITH  CHAPTER  54,  to  implement  the
purposes of sections 20-311 to 20-311b, inclusive,
20-311d,  20-311e,  20-312,  20-312b  to  20-314b,
inclusive,  20-316,  20-317,   20-319,  20-320  to
20-324,  inclusive,  20-325,  20-326,  20-327a  to
20-329,   inclusive,   and   20-500   to   20-526,
inclusive.
    Sec.  86.  Section   21a-6   of   the  general
statutes, as amended  by  section  8 of public act
97-166,  is  repealed   and   the   following   is
substituted in lieu thereof:
    The  following  boards  shall  be  within  the
Department of Consumer Protection:
    (1)   The   Architectural    Licensing   Board
established under chapter 390;
    (2) Repealed by P.A. 93-151, S. 3, 4;
    (3) The examining  boards for electrical work;
plumbing  and piping  work;  heating,  piping  and
cooling work; elevator  installation,  repair  and
maintenance work; and  fire  protection  sprinkler
systems work established under chapter 393;
    (4) The State  Board  of  Television and Radio
Service Examiners established under chapter 394;
    (5)  The Commission  of  Pharmacy  established
under chapter 400j;
    (6) The State  Board  of  Landscape Architects
established under chapter 396;
    (7) The State  Tree Protection Examining Board
established  under  sections   23-61a   to  23-65,
inclusive;
    (8)  The  State   Board   of   Examiners   for
Professional   Engineers   and    Land   Surveyors
established under chapter 391;
    (9) Repealed by P.A. 80-484, S. 175, 176;
    (10) The Connecticut  Real  Estate  Commission
established under chapter  392, AS AMENDED BY THIS
ACT;
    (11)  The Connecticut  Real  Estate  Appraisal
Commission established under  chapter [400j] 400g,
AS AMENDED BY THIS ACT; and
    (12) The State Board of Examiners of Shorthand
Reporters  established  under  sections  1  to  7,
inclusive, of [this act] PUBLIC ACT 97-166.

Approved April 24, 1998