Sec. 38a-424a-2 - Definitions

ยง 38a-424a-2. Definitions

As used in Sections 38a-424a-1 to 38a-424a-4, inclusive:

(1) "Commissioner" means the Insurance Commissioner of the State of Connecticut.

(2) "Exception" or "Indian land claim exception" means the reference to or identification of an Indian land claim lawsuit or notice of intent to sue appearing in Schedule B of the title insurance policy.

(3) "Indian land claim" means a claim for real property or monetary damages based on an alleged illegal transfer, use or occupation of such real property and which claim is based on a violation of any condition or restriction established by common law, statute or other governmental enactment on alienation of lands owned by Native American Indians or Native American Indian tribes.

(4) "Non-residential real property" means vacant unimproved real property, real property with improvements other than a one-to-four family residence, or a nonresidential unit in a common interest community.

(5) "Notice of intent to sue" means a written declaration provided to or filed with any municipal government official giving notice that the party filing such notice intends to pursue an Indian land claim and providing a general description of the real property affected which declaration is actually known to the title insurer or recorded in the land records of the municipality affected.

(6) "Residential real property" means real property with improvements consisting only of a one-to-four family residence, including a residential unit in a common interest community.

(7) "Title insurer" means a company organized under laws of this State for the purpose of transacting, as insurer, the business of title insurance and any foreign or alien title insurer engaged in this State in the business of title insurance as insurer.

(Effective December 22, 1994)

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