Connecticut's wholesaler registration law starts July 1, 2026.
If you assign contracts in Connecticut, the rules changed as of July 1, 2026. Here's the plain-English version, and where funding fits if you buy the property instead of assigning the contract.
What the law does
Connecticut's Public Act 25-168, effective July 1, 2026, requires residential wholesalers to register with the state and follow new rules for their contracts — including telling the homeowner plainly that you intend to assign the contract, that you don't hold title, and that they have a window to cancel after signing.
This is a plain-English summary, not legal advice — confirm the registration process and your own situation with a Connecticut attorney.
Why investors are looking at double closes
These rules attach to assigning an interest in a property you never take title to — that's what wholesaling means in most of these laws. A double close is different: you actually buy the home from the seller, take title, and then sell to your end buyer, often the same day.
Whether taking title changes your obligations on a given deal is a question for a Connecticut attorney, and it depends on the facts. What we can speak to is the practical part: buying the home takes real money at the closing table, and most investors don't want to tie up their own cash for a few hours.
Where transactional funding fits
We fund the purchase for the short window between the two closings — often the same day — repaid out of your buyer's proceeds. You bring a real end buyer and a closing agent; we bring the money for the hours in between.
Worth budgeting for: a double close costs more than an assignment — a second set of closing costs plus the funding fee. Run those numbers on the deal before you assume the structure works; on a thin spread it may not.
Need the funds to close?
Tell us the deal — type of funding, amount, and closing date. We answer quickly, and we tell you straight if it isn't a fit.
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