Legislative Updates
- Download CTR's 2017 Legislative Session Wrap-Up
- Download CTR's 2016 Legislative Session Wrap-Up
- Visit NAR’s Political Advocacy website
- Visit NAR's REALTOR® Party website
The REALTOR® Party is a powerful alliance of REALTORS® and REALTOR® Associations working to advance public policies and candidates that build strong communities, protect property interests and promote a vibrant business environment.
Previous Legislation/Changes
Changes to Federal Lending Regulations
Changes to federal lending regulations (called TRID or “Know Before You Owe”) took effect on October 3, 2015 and are expected to have a significant effect on closing procedures when purchasing a home. Click here for a document that briefly explains the relevant information to help complete a smoother transaction.
Important Carbon Monoxide Detector News
The threat of Carbon Monoxide is real and as of January 1, 2014, Sellers of 1-2 family homes built prior to October 1, 2005 are required to furnish their purchasers with an affidavit that the property has working smoke and carbon monoxide detectors or to provide a credit. CTR has set up a page of information on the law and the changes. You can download the revised affidavit (effective July 1, 2014).