SENATE DOCKET, NO. 1555 FILED ON: 1/18/2013
SENATE . . . . . . . . . . . . . . No. 490
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The Commonwealth of Massachusetts
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PRESENTED BY:
Michael F. Rush
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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 foreclosed property.
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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
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In the Year Two Thousand Thirteen
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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.