summary
Introduced
01/23/2017
01/23/2017
In Committee
01/23/2017
01/23/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
For legislation relative to timely real estate document disclosure. Consumer Protection and Professional Licensure.
AI Summary
This bill seeks to amend Chapter 93 of the General Laws by inserting a new Section 115, which requires that buyers or borrowers be provided a document from the lending institution containing a descriptive title of every document to be executed upon the conveyance of a deed to real property or the execution of a refinancing agreement, at least 48 hours prior to such conveyance or refinancing. The purpose of this legislation is to ensure timely real estate document disclosure for consumer protection and professional licensure purposes.
Committee Categories
Labor and Employment
Sponsors (1)
Last Action
Hearing scheduled for 10/03/2017 from 01:00 PM-04:00 PM in A-1 (on 09/20/2017)
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/190/S102 |
| Bill | https://malegislature.gov/Bills/190/S102.pdf |
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