SENATE DOCKET, NO. 1693 FILED ON: 1/18/2013
SENATE . . . . . . . . . . . . . . No. 149
The Commonwealth of Massachusetts
_________________
PRESENTED BY:
Bruce E. Tarr
_______________
To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the passage of the accompanying:
An Act relative to dual agency disclosure.
_______________
PETITION OF:
Name: | District/Address: |
Bruce E. Tarr | First Essex and Middlesex |
SENATE DOCKET, NO. 1693 FILED ON: 1/18/2013
SENATE . . . . . . . . . . . . . . No. 149
By Mr. Tarr, a petition (accompanied by bill, Senate, No. 149) of Bruce E. Tarr for legislation relative to dual agency disclosure and real estate. Consumer Protection and Professional Licensure. |
The Commonwealth of Massachusetts
An Act relative to dual agency disclosure.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
SECTION 1. Section 87AAA¾ of Chapter 112 of the General Laws, as appearing in the 2010 Official Edition, is hereby amended by inserting after the word “dated.”, in line 10, the following sentence:-
Said form shall include, but not be limited to, providing in bold conspicuous font that a dual agent will not have the ability to satisfy the duties of loyalty and full disclosure, and said information shall be verbally explained to the buyer and seller.
