Terms Used In Connecticut General Statutes > Chapter 827 - New Home Warranties
- Contract: A legal written agreement that becomes binding when signed.
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
- Improvement: means any newly constructed single family dwelling unit, any conversion condominium unit being conveyed by the declarant and any fixture or structure which is made a part thereof at the time of construction or conversion by any building contractor, subcontractor or declarant. See Connecticut General Statutes 47-116
- purchaser: means the original buyer, his heirs or designated representatives, of any improved real estate. See Connecticut General Statutes 47-116
- real estate: means any fee simple estate. See Connecticut General Statutes 47-116
- vendor: means any person engaged in the business of erecting or creating an improvement on real estate, any declarant of a conversion condominium, or any person to whom a completed improvement has been granted for resale in the course of his business. See Connecticut General Statutes 47-116