SENATE DOCKET, NO. 1555        FILED ON: 1/18/2013

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 490

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Michael F. Rush

_________________

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 foreclosed property.

_______________

PETITION OF:

 

Name:

District/Address:

Michael F. Rush

Norfolk and Suffolk

Paul McMurtry

11th Norfolk


SENATE DOCKET, NO. 1555        FILED ON: 1/18/2013

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 490

By Mr. Rush, a petition (accompanied by bill, Senate, No. 490) of Michael F. Rush and Paul McMurtry for legislation relative to foreclosed property.  Financial Services.

 

The Commonwealth of Massachusetts

 

_______________

In the Year Two Thousand Thirteen

_______________

 

An Act relative to foreclosed property.

 

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: The first paragraph of section 4 of chapter 194 of the acts of 2012 is hereby amended by inserting, in line 15, after the sentence ending “foreclosing owner”, the words:- The task force shall study the feasibility of requiring the creditor to place properties back on the market for sale within one calendar year of foreclosure.