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S 1030

An Act to increase transparency in the Massachusetts land record systems to protect the property rights of homeowners and businesses

194th Legislature (2025-2026) Introduced by Mike Brady

Requires residential mortgage assignments be forwarded to the registry within 30 days of execution, boosting transparency and protecting homeowners’ property rights.

Bill reported favorably by committee and referred to the committee on Senate Ways and Means
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Bill Summary · S 1030

Summary — S.1030: "An Act to increase transparency in the Massachusetts land record systems to protect the property rights of homeowners and businesses"

Main purpose

The bill would require faster submission of mortgage assignment documents for residential property into the public land-record system to improve transparency, ensure timely recording of ownership interests, and better protect the property rights of homeowners and businesses.

Key provision (text-based)

  • Amendment to Section 6D of Chapter 183 (Massachusetts):
    • "Each assignment of mortgage secured by residential property, as defined in section 1 of chapter 255E, shall be forwarded within thirty days of the date of the execution of said assignment to the appropriate registry district for recording."
    • In short: copies of every mortgage assignment on residential property must be sent to the proper registry district for recording within 30 days after the assignment is executed.

Who would be affected

  • Mortgage assignees and assignors (lenders, investors, servicers) — required to forward assignments promptly.
  • Registries of Deeds / registry districts — will receive more timely assignment filings; potential need to process an increased/shifted workload.
  • Homeowners and businesses whose residential property is encumbered by mortgages — improved ability to verify current mortgage ownership and chain of title.
  • Title companies, real estate attorneys, and purchasers — benefit from more current public records for due diligence and title searches.

Potential impacts and considerations

  • Transparency: Faster public recording of mortgage assignments should reduce confusion about who owns or services a mortgage and reduce disputes tied to lost or delayed records.
  • Administrative burden/costs: Lenders, servicers, and registries may face incremental administrative and operational costs to ensure assignments are forwarded and recorded within the 30‑day window.
  • Enforcement and remedies: The bill text provided does not specify penalties, remedies, or enforcement mechanisms for noncompliance (none are included in the excerpt).
  • Scope: Applies only to assignments secured by "residential property" as defined by chapter 255E, section 1 — commercial mortgage assignments are not covered by this language.

Procedural status & timeline (as provided)

  • Docket filed: 01/07/2025 (Senate Docket No. 61). Petitioned/presented by Sen. Michael D. Brady (Second Plymouth and Norfolk).
  • Referred to: Judiciary Committee.
  • Hearing scheduled: 10/21/2025, 1:00 PM–5:00 PM, room A-2.
  • The bill notes prior similar matter: Senate No. 908 (2023–2024).

Related items / notes about the provided documents

  • The packet you provided appears to contain multiple distinct bills sharing the identifier "S 1030" across jurisdictions. Notably:
    • A separate Idaho Senate Bill No. 1030 in 2025 concerns increases to Idaho State Bar attorney license fees and was advanced through the Idaho Legislature (and shows enactment-related actions dated March 2025). That Idaho text and fiscal note are unrelated to the Massachusetts land-records bill summarized here.
    • Sponsor lists (Chris Van Hollen, Peter Welch, Jeff Merkley, Bernie Sanders, Edward Markey) and references to HR 2053 and SD 61 appear inconsistent with the Massachusetts state-level docket and may reflect other, unrelated measures titled S.1030 at different levels (federal/state) or clerical mixing.
  • This summary focuses only on the Massachusetts bill language concerning mortgage assignment forwarding; verify jurisdiction and final bill text with the Massachusetts Legislature's official docket before taking action based on this summary.

Compiled from official sources — confirm details with the bill’s official record.

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