Bill
Bill > S908
MA S908
MA S908To increase transparency in the Massachusetts land record systems to protect the property rights of homeowners and businesses
summary
Introduced
02/16/2023
02/16/2023
In Committee
02/16/2023
02/16/2023
Crossed Over
Passed
Dead
12/31/2024
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 Topics
Community Development and Housing Issues
- ‐ Housing and Real Estate Finance
Law, Crime, and Family Issues
- ‐ Property Rights
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://malegislature.gov/Bills/193/S908 | 03/10/2023 |
| BillText | https://malegislature.gov/Bills/193/S908.pdf | 03/10/2023 |
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