HOUSE DOCKET, NO. 4183 FILED ON: 12/27/2011
HOUSE . . . . . . . . . . . . . . . No. 3934
By Mr. Brady of Brockton, a petition (subject to Joint Rule 12) of Michael D. Brady and others for legislation to further regulate the reporting requirements of mortgages secured by residential property. The Judiciary. |
The Commonwealth of Massachusetts
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In the Year Two Thousand Eleven
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An act to increase transparency in the Massachusetts land record systems to protect the propertyrights of homeowners and businesses.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
Section 6 D of chapter 183 is hereby amended by adding the following,
Each assignment of mortgage secured by residential property, as defined in said section 1 of chapter
255E, Shall be forwarded within thirty days of the date of the execution of said assignment to the
appropriate registry district for recording.”