Bill > S994

This bill aims to prevent unnecessary vacancies in foreclosed homes. It amends existing laws in Massachusetts to provide greater protections for tenants living in foreclosed housing accommodations. Key provisions include: 1. Defining terms such as "foreclosing owner," "foreclosure sale purchaser," and "just cause" for eviction. 2. Requiring foreclosure sale purchasers to provide written notice to tenants with details on rent payments and management contact information. 3. Limiting the grounds for eviction of tenants by foreclosure sale purchasers to specific "just cause" reasons, such as failure to pay rent or material lease violations. 4. Establishing a presumption of reasonableness for bona fide leases or fair market rent for former mortgagors and their household members. 5. Imposing penalties of at least $5,000 on foreclosure sale purchasers who illegally evict tenants. 6. Amending existing laws to require that a foreclosure be "shown to be valid" before a tenant can be evicted. The overall intent of the bill is to protect tenants from unnecessary displacement and ensure stability for residents of foreclosed properties.

Justice

https://malegislature.gov/Bills/193/S994