Massachusetts 2025-2026 Regular Session

Massachusetts Senate Bill S1030 Compare Versions

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22 SENATE DOCKET, NO. 61 FILED ON: 1/7/2025
33 SENATE . . . . . . . . . . . . . . No. 1030
44 The Commonwealth of Massachusetts
55 _________________
66 PRESENTED BY:
77 Michael D. Brady
88 _________________
99 To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
1010 Court assembled:
1111 The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
1212 An Act to increase transparency in the Massachusetts land record systems to protect the property
1313 rights of homeowners and businesses.
1414 _______________
1515 PETITION OF:
1616 NAME:DISTRICT/ADDRESS :Michael D. BradySecond Plymouth and Norfolk 1 of 1
1717 SENATE DOCKET, NO. 61 FILED ON: 1/7/2025
1818 SENATE . . . . . . . . . . . . . . No. 1030
1919 By Mr. Brady, a petition (accompanied by bill, Senate, No. 1030) of Michael D. Brady for
2020 legislation to further regulate the reporting requirements of mortgages secured by residential
2121 property. The Judiciary.
2222 [SIMILAR MATTER FILED IN PREVIOUS SESSION
2323 SEE SENATE, NO. 908 OF 2023-2024.]
2424 The Commonwealth of Massachusetts
2525 _______________
2626 In the One Hundred and Ninety-Fourth General Court
2727 (2025-2026)
2828 _______________
2929 An Act to increase transparency in the Massachusetts land record systems to protect the property
3030 rights of homeowners and businesses.
3131 Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority
3232 of the same, as follows:
3333 1 Section 6 D of chapter 183 is hereby amended by adding the following,
3434 2 "Each assignment of mortgage secured by residential property, as defined in said section
3535 31 of chapter 255E, Shall be forwarded within thirty days of the date of the execution of said
3636 4assignment to the appropriate registry district for recording."