Connecticut’s Transfer Act Is Ending — Here’s How It Changes Commercial Real Estate
Posted by Tim Bray on
Connecticut’s Transfer Act Is Changing — What It Means for Commercial Real Estate
For decades, Connecticut’s Transfer Act has been one of the most significant — and often misunderstood — factors shaping commercial real estate transactions. It has delayed deals, added uncertainty, and in some cases stopped otherwise viable transactions from ever getting to the closing table.
That is about to change. Connecticut is officially sunsetting the Transfer Act and replacing it with a fundamentally different framework. This shift will reshape how environmental risk is evaluated, negotiated, and managed in commercial real estate going forward.
A Quick Refresher: How the Transfer Act Worked
Under the Transfer Act, certain commercial and…
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