The Connecticut Legislature has amended a number of provisions of the state's Condominium and the Common Interest Ownership Acts, as well as the provisions of the Connecticut statutes governing the registration of managers, effective on October 1, 2007. Among other provisions, SB 1089 (Public Act No. 07-243) amends the provisions that govern the registration of property managers, and broadens the range of people that must register with the Department of Consumer Protection ("Department").
Prior to October 1, 2007, a management company was required to register with the Department, but the individual managers or other employees of that company were not required to register. However, the Department interprets the amended requirements to be much broader. According to the Department, these amendments require anyone who provides management services, as defined by Section 20-450, including any partner, director, officer, or employee of a management company, to register individually.
Section 20-450 defines management services as any one of the following:
- Collecting, controlling, or disbursing funds of the association or having authority to do so.
- Preparing budgets or other financial documents for the association.
- Assisting in the conduct of or conducting association meetings.
- Advising or assisting the association in obtaining insurance.
- Advising the association in the overall operations of the association.
Section 20-450 states that professionals who are licensed by the state, such as attorneys, are exempt from having to register. An officer or director is also exempt, so long as he or she does not control more than two-thirds of the voting power in the association. However, under the Department's broad interpretation, anyone else who provides any of the listed management services must register.
Statute for Manager Registration Requirement (PDF)
Information about Management Firm Registration
Legislation & State-Specific Requirements
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