The Connecticut Transfer Act (CGS § 22a-134) is triggered when a property qualifies as an 'establishment.' Which of the following property types would MOST LIKELY trigger Transfer Act compliance obligations when being sold?
Correct Answer
C) A former automotive repair shop where motor oil and solvents were stored and used
The Connecticut Transfer Act applies to 'establishments,' which are defined as properties that have been used for commercial or industrial purposes involving the storage or use of hazardous substances above certain thresholds. A former automotive repair shop where motor oil and solvents were stored and used is a classic example of a Transfer Act establishment, as these substances are regulated hazardous materials. The seller would need to comply with Transfer Act requirements, including filing the appropriate form and conducting environmental due diligence.
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Previous Question
Patricia is selling her home in Greenwich and discovers a significant foundation crack after she has already delivered the Residential Property Condition Disclosure Report to the buyer but before closing. Her broker advises her on her obligations. Which of the following most accurately reflects Connecticut law regarding newly discovered material defects after the disclosure report has been delivered?
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Robert is a Connecticut listing agent representing the seller of a residential property. During a walkthrough, Robert notices what appears to be mold growth behind a basement wall panel that the seller has not disclosed. The seller tells Robert to say nothing about it. Under Connecticut law and professional obligations, what should Robert do?