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Connecticut Residential Purchase Agreement

A Connecticut residential purchase agreement is a written contract between a seller and a buyer of a residential property. The agreement outlines all the terms and conditions of the sale, including the price, closing date, and more. Once both parties sign the document, the contract becomes legally binding and cannot be terminated unless both parties agree.
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State Laws

Non-Material Facts – The buyer may request in writing to inquire whether the property was at any point suspected as the site of a homicide, suicide, or any other felony. Otherwise, the seller is not required to disclose this information.[1]

Seller’s Obligation – If the seller fails to provide the buyer with the required residential condition report by the time of closing, they must credit the buyer with the sum of $500.[2]

Seller’s Disclosures (3)

Lead-Based Paint Disclosure (conditional) – Dwellings constructed before 1978 may contain lead-based paint; therefore, it is mandatory for sellers to provide this disclosure form to a potential buyer of such property built before this year.[3]

Download: PDF

Lead-Based Paint Pamphlet (conditional) – Gives general information about lead-based paint for properties built before 1978.[4]

Download: PDF

Residential Property Condition Report (required) – The Connecticut Department of Consumer Protection requires sellers of a residential property to complete this disclosure form and present it to any potential buyer prior to any binder or contract.[5]

Download: PDF

Sample

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