Bill

Bill > S908


MA S908

MA S908
To increase transparency in the Massachusetts land record systems to protect the property rights of homeowners and businesses


summary

Introduced
02/16/2023
In Committee
02/16/2023
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

193rd General Court

Bill Summary

For legislation to further regulate the reporting requirements of mortgages secured by residential property. The Judiciary.

AI Summary

This bill aims to increase transparency in the Massachusetts land record systems by amending Section 6D of Chapter 183 to require that each assignment of a mortgage secured by residential property be forwarded to the appropriate registry district for recording within 30 days of the date of the execution of the assignment. This is intended to protect the property rights of homeowners and businesses by ensuring timely and accurate recording of mortgage assignments in the land record system.

Committee Categories

Justice

Sponsors (1)

Last Action

Accompanied a study order, see S2612 (on 02/08/2024)

bill text


bill summary

Loading...

bill summary

Loading...

bill summary

Document Type Source Location
State Bill Page https://malegislature.gov/Bills/193/S908
BillText https://malegislature.gov/Bills/193/S908.pdf
Loading...