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SENATE DOCKET, NO. 813         FILED ON: 1/17/2013

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 86

 

The Commonwealth of Massachusetts

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PRESENTED BY:

Cynthia S. Creem

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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 real estate document disclosure.

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PETITION OF:

 

Name:

District/Address:

Cynthia S. Creem

First Middlesex and Norfolk


SENATE DOCKET, NO. 813        FILED ON: 1/17/2013

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 86

By Ms. Creem, a petition (accompanied by bill, Senate, No. 86) of Cynthia S. Creem for legislation relative to timely real estate document disclosure.  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 real estate document 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:  Chapter 93 of the General Laws, as appearing in the 2010 Official Edition, is hereby amended by inserting the following new section:-

              Section 115: Not less than 48 hours prior to the conveyance of a deed to real property or the execution of a refinancing agreement on real property, buyers or borrowers shall be provided a document from the lending institution containing a descriptive title of every document to be executed upon such conveyance or refinancing.

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