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Bill > S86


MA S86

MA S86
Relative to real estate document disclosure


summary

Introduced
01/22/2013
In Committee
01/22/2013
Crossed Over
Passed
Dead
08/01/2014

Introduced Session

188th General Court

Bill Summary

For legislation relative to timely real estate document disclosure. Consumer Protection and Professional Licensure.

AI Summary

This bill requires that at least 48 hours before a real estate deed is transferred or a refinancing agreement is signed, buyers or borrowers must receive a document from the lending institution that clearly lists every document they will need to sign at that time. This aims to improve transparency and ensure consumers are aware of all necessary paperwork in real estate transactions.

Committee Categories

Labor and Employment

Sponsors (1)

Last Action

Accompanied a study order, see H4042 (on 04/17/2014)

bill text


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