§ 20-320b

*(a) A real estate broker or real estate salesperson licensed under this chapter shall not influence residential real estate appraisals. For the purposes of this section, 'influence residential real estate appraisals' includes, but is not limited to, refusal or intentional failure to refer a homebuyer, or encouraging other real estate brokers or real estate salespersons not to refer a homebuyer, to a mortgage broker, as defined in section 36a-760, or a lender, as defined in section 36a-760, based solely on the fact that the mortgage broker or lender uses an appraiser who has provided an appraisal reflecting a fair market value estimate that was less than the sale contract price.(b) Violations of subsection (a) of this section shall be subject to the actions and penalties set forth in section 20-320.(P.A. 08-176, S. 82.)*Note: On and after April 1, 2024, subsection (a) of this section, as amended by section 19 of public act 23-84, is to read as follows:'(a) A real estate licensee shall not influence residential real estate appraisals.'(P.A. 08-176, S. 82; P.A. 23-84, S. 19.)History: P.A. 08-176 effective July 1, 2008; P.A. 23-84 amended Subsec.

ows:'(a) A real estate licensee shall not influence residential real estate appraisals.'(P.A. 08-176, S. 82; P.A. 23-84, S. 19.)History: P.A. 08-176 effective July 1, 2008; P.A. 23-84 amended Subsec. (a) by substituting reference to real estate licensee for references to real estate broker and real estate salesperson, deleting provision defining 'influence residential real estate appraisals', and making a conforming change, effective April 1, 2024.