Bill

Bill > H1170


MA H1170

Relative to real estate disclosure forms


summary

Introduced
03/29/2021
In Committee
03/29/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

By Ms. Peisch of Wellesley, a petition of Alice Hanlon Peisch 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 Attorney General to promulgate regulations to create a standard disclosure form for residential real estate sales. The form would disclose all relevant and material information known to the real estate broker, salesperson, or seller about the property, including information on the roof, foundation, and other structural components, appliances, electrical and mechanical systems, trees and natural hazards, and environmental hazards like lead, asbestos, mold, or contamination. The goal is to provide prospective buyers with comprehensive information about the condition and features of the property before making a purchase.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

Accompanied a study order, see H4976 (on 09/01/2022)

bill text


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