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Bill > H649


MA H649

Relative to advance rent and security deposits


summary

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

Introduced Session

190th General Court

Bill Summary

Relative to rent, landlords and security deposits. Housing.

AI Summary

This bill amends Section 15B of Chapter 186 of the Massachusetts General Laws to make changes to the requirements for landlords regarding advance rent payments and security deposits. The key provisions include: (1) requiring landlords to provide a receipt and information to tenants when receiving advance rent for the last month of a tenancy; (2) requiring landlords to pay interest on security deposits held for over one year, and to provide that interest to tenants upon request; and (3) establishing penalties for landlords who fail to comply with the law's requirements, such as forfeiting the right to retain any portion of a security deposit. The bill aims to provide greater protections and transparency for tenants regarding advanced rent payments and security deposits.

Committee Categories

Housing and Urban Affairs

Sponsors (16)

Last Action

Accompanied a study order, see H4744 (on 07/12/2018)

bill text


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