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Bill > H790


MA H790

To increase transparency in the Massachusetts land record systems to protect the property rights of homeowners and businesses


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 further regulate the reporting requirements of mortgages secured by residential property. The Judiciary.

AI Summary

This bill aims to increase transparency in the Massachusetts land record systems to protect the property rights of homeowners and businesses. The key provision is that each assignment of mortgage secured by residential property must be forwarded within 30 days of the date of the execution of the assignment to the appropriate registry district for recording. This is intended to ensure that the land records accurately reflect the current ownership and mortgage information for residential properties in Massachusetts.

Committee Categories

Justice

Sponsors (38)

Bruce Ayers (D),  Jay Barrows (R),  Kate Campanale (R),  Evandro Carvalho (D),  Tackey Chan (D),  Daniel Cullinane (D),  Josh Cutler (D),  Julian Cyr (D),  Mike Day (D),  Jamie Eldridge (D),  Kim Ferguson (R),  Bill Galvin (D),  Denise Garlick (D),  Natalie Higgins (D),  Kate Hogan (D),  Donald Humason (R),  Dan Hunt (D),  Louis Kafka (D),  Hannah Kane (R),  John Keenan (D),  Robert Koczera (D),  Kevin Kuros (R),  David Linsky (D),  Paul McMurtry (D),  James Miceli (D),  Rady Mom (D),  Matt Muratore (R),  David Nangle (D),  Harold Naughton (D),  Sarah Peake (D),  Elizabeth Poirier (R),  Denise Provost (D),  Angelo Puppolo (D),  John Rogers (D),  Richard Ross (R),  Tom Stanley (D),  Dave Vieira (R),  Tom Walsh (D), 

Last Action

Accompanied a study order, see H4874 (on 08/09/2018)

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