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Bill > S1060
MA S1060
MA S1060To increase transparency in the Massachusetts land record systems to protect the property rights of homeowners and businesses
summary
Introduced
03/29/2021
03/29/2021
In Committee
03/29/2021
03/29/2021
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
For legislation to increase transparency in the Massachusetts land record systems to protect the property rights of homeowners and businesses. The Judiciary.
AI Summary
This bill aims to increase transparency in the Massachusetts land record systems to protect the property rights of homeowners and businesses. The key provision of the bill requires that each assignment of a mortgage secured by residential property be forwarded within 30 days of the execution of the assignment to the appropriate registry district for recording. This is intended to provide better record-keeping and transparency around mortgage assignments, which can help safeguard the property rights of homeowners and businesses.
Committee Categories
Justice
Sponsors (16)
John Keenan (D)*,
Michael Brady (D),
Pete Capano (D),
John Cronin (D),
David DeCoste (R),
Colleen Garry (D),
Susan Gifford (R),
Rich Haggerty (D),
Joan Lovely (D),
Mike Moore (D),
Angelo Puppolo (D),
John Rogers (D),
Mike Rush (D),
Mike Soter (R),
Tom Stanley (D),
Walter Timilty (D),
Last Action
Accompanied a study order, see S2838 (on 04/19/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/192/S1060 |
| Bill | https://malegislature.gov/Bills/192/S1060.pdf |
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