Massachusetts Proposed Legislation MA HB 1498 “An Act relative to vacant, foreclosing and foreclosed property in the Commonwealth”
On March 10, MA HB 1498 was introduced and referred to the Massachusetts Joint Committee on The Judiciary.
HOUSE . . . . . . . . . . . . . . . No. 1498
The Commonwealth of Massachusetts
In the One Hundred and Eighty-Ninth General Court
An Act relative to vacant, foreclosing and foreclosed property in the Commonwealth.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority
of the same, as follows:
1 Whereas, The deferred operation of this act would tend to defeat its purpose, which is
2 forthwith to protect citizens of the Commonwealth and Municipalities impacted by the mortgage
3 foreclosure crisis by further expanding existing options for Municipalities to further specify and
4 ensure compliance with state sanitary code, therefore it is hereby declared to be an emergency
5 law, necessary for the immediate preservation of the public convenience.
Please click here to view the full text of MA HB 1498 [pdf].
Safeguard Properties is the mortgage field services industry leader, preserving vacant and foreclosed properties across the U.S., Puerto Rico, Virgin Islands and Guam. Founded in 1990 by Robert Klein and headquartered in Cleveland, Ohio, Safeguard provides the highest quality service to our clients by leveraging innovative technologies and proactively developing industry best practices and quality control procedures. Consistent with Safeguard’s values and mission, we are an active supporter of hundreds of charitable efforts across the country. Annually, Safeguard gives back to communities in partnership with our employees, vendors and clients. We also are dedicated to working with community leaders and officials to eliminate blight and stabilize neighborhoods. Safeguard is dedicated to preserving today and protecting tomorrow. Website: www.safeguardproperties.com.