Bill

Bill > H1081


MA H1081

Relative to real estate disclosure forms


summary

Introduced
01/22/2019
In Committee
01/22/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

By Ms. Peisch of Wellesley, a petition of Alice Hanlon Peisch and Ann-Margaret Ferrante that the Attorney General promulgate regulations to create a standard disclosure form for residential real estate sales. Financial Services.

AI Summary

This bill requires the Massachusetts Attorney General to promulgate regulations creating a standard disclosure form for residential real estate sales. The form must disclose all relevant and material information known to the real estate broker, salesperson, or seller, including details about the property's roof, foundation, appliances, mechanical systems, natural hazards, and environmental hazards such as lead, asbestos, or contamination. The goal is to ensure that buyers have access to comprehensive information about the property before making a purchase.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

Accompanied a study order, see H5160 (on 12/01/2020)

bill text


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