{"data":{"id":"us-ct/conn.-gen.-stat.-20-325l","jurisdiction":"us-ct","citation":"Conn. Gen. Stat. § 20-325l","heading":"Cooperation with out-of-state brokers and salespersons regarding commercial real estate transactions in this state.","body":"(a) An out-of-state broker may perform acts with respect to a commercial real estate transaction that require a license under this chapter, provided the out-of-state broker:\n(1) Works in cooperation with a licensed broker, whether in a cobrokerage, referral or other cooperative agreement or arrangement;\n(2) Enters into a written agreement with a licensed broker that includes the terms of cooperation and any compensation to be paid by the licensed broker and a statement that the out-of-state broker and the out-of-state broker's agents will comply with the laws of this state;\n(3) Provides the licensed broker a copy of the out-of-state broker's license or other proof of licensure from the states where the out-of-state broker maintains a license as a real estate broker;\n(4) Deposits all escrow funds, security deposits, and other money received pursuant to the commercial real estate transaction to be held as provided in section 20-324k unless the agreement required in subdivision (2) of this subsection specifies otherwise;\n(5) Complies with the laws of this state with respect to the transaction; and\n(6) Is credentialled as a real estate broker in another state.\n(b) An out-of-state salesperson may perform acts with respect to a commercial real estate transaction that require a license as a real estate salesperson under this chapter, provided the out-of-state salesperson complies with the laws of this state with respect to the transaction and:\n(1) Works under the direct supervision of an out-of-state broker who meets the requirements set forth in subdivisions (1), (5) and (6) of subsection (a) of this section; and\n(2) Provides the licensed broker who is working in cooperation with the out-of-state broker a copy of the out-of-state salesperson's license or other proof of licensure from the states where the out-of-state salesperson maintains a license as a real estate salesperson.\n(c) Any out-of-state broker or out-of-state salesperson licensed in a state that has no distinction between a real estate broker license and a real estate salesperson license shall be subject to the requirements of subsection (a) of this section with regard to any commercial real estate transaction in this state.\n(d) Each out-of-state broker or out-of-state salesperson that advertises for sale commercial real estate pursuant to this section shall include in any advertising material the name of the licensed broker with whom the out-of-state broker has a written agreement pursuant to subdivision (2) of subsection (a) of this section. Nothing in this section shall permit an out-of-state broker or out-of-state salesperson to accompany a prospective buyer at the site of commercial real estate pursuant to a real estate transaction in this state.\n(e) An out-of-state real estate licensee may receive compensation for referring to a real estate licensee in this state a prospective party to a real estate transaction in this state.","path":["TITLE 20. PROFESSIONAL AND OCCUPATIONAL LICENSING, CERTIFICATION, TITLE PROTECTION AND REGISTRATION. EXAMINING BOARDS","CHAPTER 392*. REAL ESTATE LICENSEES"],"source_url":"https://www.cga.ct.gov/current/pub/chap_392.htm#sec_20-325l","current_through":"Revised to January 1, 2026 (2026 Supplement to the General Statutes of Connecticut, applied over the base revision of January 1, 2025)","vintage":"","retrieved_at":"2026-09-06T19:07:05Z","sha256":"9bc09be7c5e137f93b887ee166f89915d974dd35f4fe2d8ea41d850343c88654","source_id":"us-ct","stale":false,"prev":"us-ct/conn.-gen.-stat.-20-325k","next":"us-ct/conn.-gen.-stat.-20-325m"},"notice":"GroundRules: Original legal text. Not legal advice."}
