Changes coming in Mass. homestead law

Full story: Telegram & Gazette
State officials say changes taking effect this week in the Massachusetts Homestead Act will give homeowners more protection against creditors. Full Story
Andrew

Boston, MA

#1 Mar 16, 2011
The new law creates an automatic $125,000 protection on all homes that do not have a homestead declaration filed at the Registry of Deeds. The law still provides a $500,000 homestead protection for all homeowners who file a declaration at the Registry of Deeds. If you filed a homestead declaration prior to March 16, 2011, your $500,000 protection will continue to apply. Thus, there is no need to re-file your homestead declaration due to these statutory changes. The Massachuetts Secretary of State provides an informative review of the new law on their website. You can also read about it here:

http://closingtableblog.com/

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Roxbury Discussions

Title Updated Last By Comments
3 held after leading Boston police on wild chase Jan '15 Taajsgpm 2
Teenager arrested on probation violation in Rox... Jan '15 Valdookie 3
Authorities Name Black Lives Matter Protesters ... Jan '15 reality is a crutch 2
Seven Roxbury teens face charges in assault on ... Jan '15 drops 8
Police probe fatal Roxbury shooting, nab 3 in s... Dec '14 reality is a crutch 1
Roxbury man charged with shooting clerk during ... Nov '14 reality is a crutch 1
Separate shootings in Roxbury, Dorchester Nov '14 reality is a crutch 1

Roxbury News Video

Roxbury Dating
Find my Match
More from around the web

Roxbury People Search

Addresses and phone numbers for FREE

Personal Finance

Mortgages [ See current mortgage rates ]

NFL Latest News

Updated 11:15 am PST