§ 47-300 Definitions
§ 47-301 Community land trust. Purposes. Powers
§ 47-302 Ground lease interest constitutes an interest in real property
§ 47-303 Required ground lease provisions
§ 47-304 Lease restrictions
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Terms Used In Connecticut General Statutes > Chapter 828a - Community Land Trusts

  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Statute: A law passed by a legislature.