Bill
Bill > H1411
MA H1411
MA H1411To 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 to protect the property rights of homeowners and businesses. Specifically, it amends 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 execution of the assignment. This change is intended to ensure that mortgage assignments are recorded in a timely manner, providing more transparency and protection for property owners.
Committee Categories
Justice
Sponsors (1)
Last Action
Accompanied a study order, see H4517 (on 06/05/2024)
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/193/H1411 |
| BillText | https://malegislature.gov/Bills/193/H1411.pdf |
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