Any person who receives a real estate broker's or real estate salesperson's license under this chapter 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. The Real Estate Guaranty Fund shall also be credited as provided in sections 20-314 and 20-320.(1969, P.A. 525, S. 2; P.A. 96-200, S. 16; P.A. 98-10, S. 23; P.A. 99-231, S. 4, 7.)*Note: On and after April 1, 2024, this section, as amended by section 22 of public act 23-84, is to read as follows:'Sec. 20-324b. Fee payable to fund. Each real estate licensee shall, upon application for a license under this chapter, 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. The Real Estate Guaranty Fund shall also be credited as provided in sections 20-314 and 20-320.'(1969, P.A. 525, S. 2; P.A. 96-200, S. 16; P.A. 98-10, S. 23; P.A. 99-231, S. 4, 7; P.A. 23-84, S. 22.)History: P.A. 96-200 substituted 'salesperson' for 'salesman'; P.A. 98-10 made technical changes; P.A. P.A. 525, S. 2; P.A. 96-200, S. 16; P.A. 98-10, S. 23; P.A. 99-231, S. 4, 7; P.A. 23-84, S. 22.)History: P.A. 96-200 substituted 'salesperson' for 'salesman'; P.A. 98-10 made technical changes; P.A. 99-231 added provision that fund is to be credited as provided in Secs. 20-314 and 20-320, effective June 29, 1999; P.A. 23-84 substituted 'Each real estate licensee shall, upon application for a license' for 'Any person who receives a real estate broker's or real estate salesperson's license', effective April 1, 2024.
Connecticut Legal Code
§ 20-324b
Connecticut Title 20 — Connecticut law
Source: https://www.cga.ct.gov/current/pub/chap_392.htm#sec_20-324b· Version 2026