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Bill > S884


MA S884

Clarifying municipal authority regarding cash sureties and foreclosures


summary

Introduced
01/23/2017
In Committee
01/23/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

For legislation to clarify municipal authority regarding cash sureties and foreclosures. The Judiciary.

AI Summary

This bill clarifies the authority of municipalities in Massachusetts to require a cash surety, up to $10,000, from entities that are foreclosing on or have foreclosed on vacant properties. The cash surety can be used by the municipality to maintain or secure the property if the foreclosing entity fails to do so. This provision aims to empower municipalities to address issues with vacant, foreclosed properties and ensure they are properly maintained.

Committee Categories

Justice

Sponsors (7)

Last Action

Accompanied a study order, see S2313 (on 03/01/2018)

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