Bill

Bill > S884


MA S884

To clarify homestead estates


summary

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

Introduced Session

191st General Court

Bill Summary

For legislation to clarify homestead estates and real estate titles. The Judiciary.

AI Summary

This bill seeks to clarify homestead estates and real estate titles. It amends the definitions of "declared homestead exemption" and "owner" under Chapter 188 of the General Laws. The bill also modifies the provisions for terminating an estate of homestead and the protection of proceeds from the sale, taking, or damage of a home subject to a homestead. Additionally, it allows good faith purchasers to rely on certain recorded statements regarding homesteads, and specifies that the provisions of the act apply retroactively, except for final judgments made prior to the effective date.

Committee Categories

Justice

Sponsors (1)

Last Action

Accompanied a study order, see S2496 (on 02/03/2020)

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