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Bill > S2492


MA S2492

Preventing unnecessary vacancies in foreclosed homes


summary

Introduced
03/12/2020
In Committee
03/12/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

For legislation to prevent unnecessary vacancies in foreclosed homes; and of Peter Capano and others relative to vacancies in foreclosed homes,- reports the accompanying bill (Senate, No. 2492).

AI Summary

This bill amends Chapter 186A of the Massachusetts General Laws to prevent unnecessary vacancies in foreclosed homes. The key provisions are: 1. It defines important terms like "foreclosing owner", "foreclosure sale purchaser", "tenant", and "just cause" for eviction. 2. It prohibits foreclosure sale purchasers from evicting tenants except for "just cause", such as failure to pay rent or material lease violations. 3. It requires foreclosure sale purchasers to notify tenants of the name and contact information of the new owner and the amount of rent due. 4. It establishes a presumption that a bona fide lease or proof of rental payment to the prior owner is reasonable. 5. It imposes a penalty of at least $5,000 on foreclosure sale purchasers who illegally evict tenants. 6. It amends related laws to align with the changes in this bill, such as requiring a bond for possession of land after foreclosure to include rent payments. The overall intent of the bill is to protect tenants in foreclosed properties from unnecessary evictions and ensure a smooth transition to new ownership.

Committee Categories

Budget and Finance

Sponsors (18)

Other Sponsors (1)

Joint Committee on the Judiciary (J)

Last Action

Bill reported favorably by committee and referred to the committee on Senate Ways and Means (on 03/12/2020)

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