Gov. Ned Lamont recently signed into law Public Act No. 19-75
(P.A. 19-75), making several significant changes to the Connecticut
Transfer Act (C.G.S. §§ 22a-134 et seq.) (the
Transfer Act). The changes address certain concerns of property
owners, developers, realtors, lenders and others facing or
otherwise involved in potentially lengthy and costly environmental
investigations and cleanups when there is the transfer of real
property or business operations in Connecticut that meet the
definition of an Establishment as that term is defined at C.G.S.
Section 22a-134(3) of the Transfer Act.
BACKGROUND
Enacted in 1985, the Transfer Act has at least two broad goals:
provision for the disclosure of environmental conditions prior to
the transfer of an Establishment, and creation of a framework and
time frame for the post-transfer investigation and cleanup of
environmental conditions associated with activities at or of the
Establishment. There are and have been actual and
