SENATE DOCKET, NO. 1693 FILED ON: 1/18/2013
SENATE . . . . . . . . . . . . . . No. 149
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The Commonwealth of Massachusetts
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PRESENTED BY:
Bruce E. Tarr
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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 adoption of the accompanying bill:
An Act relative to dual agency disclosure.
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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
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In the Year Two Thousand Thirteen
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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.