Real Estate Laws

MA Smoke Detector Law for Homes Built Before 1975

If you own a home that was built before 1975, there are specific laws in MA when it comes to the installation of smoke detectors. As of December 1, 2016, there is an important change to this law. Here's what you need to know. An Overview of the Law in MA Smoke detectors are required in all

MA Foreclosure Explanation For Buyers

When a home owner fails to pay a loan, the lender forecloses on the property in order to sell it and satisfy the debt. The process varies in each state, but will typically take an extended time to process. This article offers MA foreclosure explanation for buyers. Bank Auction Sales A bank holds an

Tips on MA real estate casualty loss tax deductions

There are tax benefits for real estate casualty losses. An itemized deduction is required, so qualification is based on your tax situation. Deductions lower the amount of income that is taxed and the amount of tax due. This article offers tips on MA real estate casualty loss tax

Massachusetts Home Sales Rose Sharply in April

An article regarding Massachusetts Home Sales Rose Sharply in April was written by Boston Globe on May 14, 2013. More encouraging housing news..... Excerpt of "Massachusetts Homes Sale Rose Sharply In April" There were 5,948 single-family Massachusetts homes put under agreement in April, up 32.8

MA Smoke Detector Rules And Different Kinds Of Smoke Detectors

Single family and 2-family residential properties sold in the state of MA must be inspected by the fire department. They check for working smoke detectors and carbon monoxide detectors. They then issue a smoke certificate required for the closing. It is prudent for home owners to know the MA smoke

Basic Information On Burlington MA Tenancy Provisions

When managing an investment property or renting a home yourself, it is useful to understand some standard provisions. Both landlords and tenants, you hold specific obligations. The following includes basic information on Burlington MA tenancy provisions. Types of Tenancy There are two basic types of

Burlington MA Foreclosure Facts And Advice For Property Owners

Foreclosures are abundant and so is the misinformation on them. It is critical for current and future home owners to understand the facts. This blog covers Burlington MA foreclosure facts and advice for property owners. Common Misinformation About Foreclosure You Can Not Get Help Until You Stop

Massachusetts Homestead Law Details

Homestead protection is available to Massachusetts homeowners and protects their equity from unsecured creditors. This is an essential law for any homeowner. The Massachusetts homestead law details below addresses the most important aspects of this law. What Is Protected Homeowners build equity in

Types Of Ownership Relationships For Burlington MA Real Estate Purchases

Tenancy is an ownership agreement among two or more parties who buy property together. It dictates what will happen when one owner dies. There are several kinds of tenancy and each comes with different rights and stipulations. Below are details on the three types of ownership relationships for