{"data":{"id":"us-ct/conn.-gen.-stat.-49-5b","jurisdiction":"us-ct","citation":"Conn. Gen. Stat. § 49-5b","heading":"Required information in a mortgage contingency clause.","body":"Any mortgage contingency clause included in a bond for deed or a written agreement for sale of real estate which conditions the purchaser's performance on his obtaining a mortgage from a third party shall satisfy the provisions of section 52-550 if such mortgage contingency clause contains at least the following: (1) The principal amount in dollars of the loan the purchaser must obtain to fulfill such contingency; (2) the limit of the time period within which a commitment for such loan must be obtained, and (3) the term of the mortgage expressed in years.","path":["TITLE 49. MORTGAGES AND LIENS","CHAPTER 846*. MORTGAGES"],"source_url":"https://www.cga.ct.gov/current/pub/chap_846.htm#sec_49-5b","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":"2026-09-06T19:07:16Z","sha256":"a07dc6592003298097e1b35b16059bebc95f4b53fb73df06e8f9fa1522abc7e8","source_id":"us-ct","stale":false,"prev":"us-ct/conn.-gen.-stat.-49-5a","next":"us-ct/conn.-gen.-stat.-49-6"},"notice":"GroundRules: Original legal text. Not legal advice."}