Massachusetts 2023-2024 Regular Session

Massachusetts House Bill H1465

Introduced
2/16/23  

Caption

Relative to rent escrow

Impact

The proposed changes would significantly affect both tenant and landlord responsibilities during legal proceedings. By obligating tenants to deposit rent amounts into escrow, the bill attempts to balance the rights of tenants disputing their landlords while ensuring that landlords still receive compensation for the use of their property. Moreover, the bill clarifies that funds held in escrow will first be allocated for repairs, indicating that maintaining the property's condition is a priority for the legislative intent behind the bill.

Summary

House Bill 1465, introduced by Representative David F. DeCoste, aims to amend existing laws concerning rent escrow in Massachusetts. The bill proposes changes to how tenants are required to manage their rent payments during legal disputes over rental agreements. Specifically, it stipulates that if a trial date is postponed, tenants must deposit their monthly rent payments into an escrow account, allowing the court to manage those funds while the case is resolved. The intention behind this provision is to ensure that tenants are still held accountable for paying rent while their grievances are being adjudicated.

Contention

Notable points of contention surrounding H1465 may arise from various stakeholders in the housing sector. While supporters may argue that it strengthens tenant accountability and promotes fairness during disputes, critics might raise concerns regarding the financial burden placed on tenants, especially those facing economic hardship. Additionally, landlords could express apprehensions that the escrow requirement complicates the eviction process and adds an additional layer of legal complexity to managing rental properties.

Companion Bills

MA H4517

Replaced by Study Order

Previously Filed As

MA H1664

Relative to rent escrow

MA H1796

Relative to rent escrow

MA H1057

Relative to rent escrow

MA H1489

Creating the tenant’s escrow accounts

MA S685

Relative to the fiduciary responsibility of lenders for non-payment of insurance premiums from escrowed accounts

MA HB1373

Rent escrow.

MA S794

Relative to the fiduciary responsibility of lenders for non-payment of insurance premiums from escrowed accounts

MA H1675

To promote housing stability

MA H1883

To promote housing stability

MA H1494

Relative to improve access to rental assistance programs

Similar Bills

No similar bills found.