Connecticut General Statutes 51-87b – Attorneys and persons affiliated with attorneys prohibited from referring persons to real estate brokers, salespersons, or mortgage brokers or lenders, for fee or commission. Penalties
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(a) No attorney-at-law admitted to practice within this state or any person affiliated with such attorney may receive a fee, commission or other form of referral fee for the referral of any person to (1) a real estate broker or real estate salesperson, as defined in § 20-311, or any person affiliated with such broker or salesperson or any person engaged in the real estate business, as defined in said § 20-311, or (2) any mortgage broker or mortgage lender, as defined in subdivision (5) of § 49-31d, or any person affiliated with such mortgage broker or lender.
Terms Used In Connecticut General Statutes 51-87b
- Attorney-at-law: A person who is legally qualified and licensed to practice law, and to represent and act for clients in legal proceedings.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
(b) Any person who violates the provisions of subsection (a) of this section shall be subject to the penalties set forth in subsection (b) of § 51-87.