Bill > H150

This bill mandates that licensed real estate agents, brokers, and salesmen in Massachusetts must provide prospective buyers with a written disclosure regarding wetlands on a property. This disclosure must include the definition of "wetlands" as defined by state law (Chapter 131, Section 40) or local ordinances, any homeowner restrictions related to wetlands, and the requirement for homeowners to file a "Notice of Intent" before undertaking any work within 100 feet of a wetland area. The buyer must then sign this disclosure form, and a notarized copy must be given to the real estate professional, ensuring transparency about potential wetland impacts on the property.