Connecticut § 20-325h - Prohibitions on use or disclosure of confidential information.

§ 20-325h. Prohibitions on use or disclosure of confidential information.

Sec. 20-325h. Prohibitions on use or disclosure of confidential information. No real estate licensee shall: (1) Reveal any confidential information concerning a prospective party or a person whom the real estate licensee represented either as an agent, designated buyer agent or designated seller agent; (2) use any confidential information concerning such prospective party or person to such prospective party's or person's disadvantage; or (3) use any confidential information concerning such prospective party or person for such real estate licensee's advantage or the advantage of a third party, except (A) as required by legal process, (B) as necessary to defend such real estate licensee from allegations of wrongful or negligent conduct, or (C) as necessary to prevent the commission of a crime.

(P.A. 96-159, S. 3, 4; P.A. 98-10, S. 36; 98-27, S. 2; P.A. 99-229, S. 4; P.A. 23-84, S. 31.)

History: P.A. 96-159 effective June 1, 1997, and applicable to all listing and buyer representation agreements executed on or after that date (Revisor's note: References to “salesman” were replaced editorially by the Revisors with references to “salesperson” to conform section with changes enacted in public act 96-200); P.A. 98-10 made technical changes in Subsec. (b); P.A. 98-27 amended subsection (a) to substitute “whom” for “for whom”; P.A. 99-229 amended Subsec. (a) to delete reference to time after termination of an agency relationship, and to amend Subdiv. (1) to add “whom the real estate licensee represented either as an agent, designated buyer agent or designated seller agent” re a person whom the confidential information concerns, and amended Subsec. (b) to make “confidential information” mean facts which are not “authorized by the client” or a “matter of general knowledge”; P.A. 23-84 redesignated existing Subsec. (a)(1) to (3) as Subdivs. (1) to (3) and divided Subdiv. (3) into Subparas. (A) to (C), added references to prospective parties in Subdivs. (1) to (3), substituted references to real estate licensee for references to real estate broker and real estate salesperson in Subdiv. (3) and (3)(B), deleted former Subsec. (b) defining “confidential information”, and made technical and conforming changes, effective April 1, 2024.