An Act establishing a first-time home buyers bill of rights
Generates a plain-language summary of the bill text and history.
| Date | Branch | Action |
|---|---|---|
| 1/12/2026 | House | Bill reported favorably by committee and referred to the committee on House Ways and Means |
| 10/3/2025 | Joint | Hearing scheduled for 10/15/2025 from 01:00 PM-05:00 PM in A-1 |
| 2/27/2025 | Senate | Senate concurred |
| 2/27/2025 | House | Referred to the committee on Housing |
No additional cosponsors.
| Committee | Recommendation | Vote |
|---|---|---|
| J28 | Favorable | 1 entries |
Chapter 183 of the General Laws, as appearing in the 2022 Official Edition, is hereby amended by inserting after section 1A the following section:-
(a) Anyone entering into an agreement or facilitating an agreement for the sale or conveyance of residential real estate including, but not limited to a real estate agent, real estate broker or salesperson shall furnish a copy of the Massachusetts Housing Finance Agency homebuyers’ guide, developed pursuant to section 8A of chapter 708 of the acts of 1966, to the prospective purchaser who is entering into an agreement for the sale or conveyance of residential real estate; provided, however, that this requirement shall not apply in instances where there is an agreement for the sale or conveyance of residential real estate by the homeowner where there is no real estate agent, real estate broker or salesperson involved in the sale. (b) Anyone that fails to furnish a copy of the homebuyers’ guide to a prospective purchaser pursuant to subsection (a) shall be punished by a fine of not more than $100.
Chapter 255E of the General Laws is hereby amended by inserting after section 2 the following section:-
(a) Prior to obtaining a credit report from a residential mortgage applicant, the mortgage broker shall furnish the applicant with a copy of the Massachusetts Housing Finance Agency homebuyers’ guide, developed pursuant to section 8A of chapter 708 of the acts of 1966. (b) A mortgage broker that fails to furnish a copy of the homebuyers’ guide to a residential mortgage applicant prior to obtaining a credit report pursuant to subsection (a) shall be punished by a fine of not more than $100 per violation. (c) The commissioner shall promulgate regulations to ensure compliance with this section.
Chapter 708 of the acts of 1966 is hereby amended by inserting after section 8 the following section:-
The MHFA shall create a homebuyers’ guide for residential homebuyers with basic information to consider when purchasing a home. The MHFA shall publish the homebuyers’ guide on its website. The homebuyers’ guide shall include, but not be limited to, information and resources relative to the following: (i) the value of a home inspection; (ii) lead paint disclosure information; (iii) the state environmental code, promulgated by the commissioner of the department of environmental protection pursuant to section 13 of chapter 21A of the General Laws; (iv) disclosure information pursuant to the federal Truth in Lending Act, 15 USC § 1601 et. seq.; (v) the role of a buyer’s agent and a seller’s agent; (vi) the role of an attorney in the home buying process; (vii) the role of banks and mortgage companies; (viii) the role of homeowners associations; (ix) the role of condominium associations; and (x) the role of covenants and deed restrictions.
SECTION 1. Chapter 183 of the General Laws, as appearing in the 2022 Official Edition, is hereby amended by inserting after section 1A the following section:- Section 1B. (a) Anyone entering into an agreement or facilitating an agreement for the sale or conveyance of residential real estate including, but not limited to a real estate agent, real estate broker or salesperson shall furnish a copy of the Massachusetts Housing Finance Agency homebuyers’ guide, developed pursuant to section 8A of chapter 708 of the acts of 1966, to the prospective purchaser who is entering into an agreement for the sale or conveyance of residential real estate; provided, however, that this requirement shall not apply in instances where there is an agreement for the sale or conveyance of residential real estate by the homeowner where there is no real estate agent, real estate broker or salesperson involved in the sale. (b) Anyone that fails to furnish a copy of the homebuyers’ guide to a prospective purchaser pursuant to subsection (a) shall be punished by a fine of not more than $100. SECTION 2. Chapter 255E of the General Laws is hereby amended by inserting after section 2 the following section:- Section 2A. (a) Prior to obtaining a credit report from a residential mortgage applicant, the mortgage broker shall furnish the applicant with a copy of the Massachusetts Housing Finance Agency homebuyers’ guide, developed pursuant to section 8A of chapter 708 of the acts of 1966. (b) A mortgage broker that fails to furnish a copy of the homebuyers’ guide to a residential mortgage applicant prior to obtaining a credit report pursuant to subsection (a) shall be punished by a fine of not more than $100 per violation. (c) The commissioner shall promulgate regulations to ensure compliance with this section. SECTION 3. Chapter 708 of the acts of 1966 is hereby amended by inserting after section 8 the following section:- Section 8A. The MHFA shall create a homebuyers’ guide for residential homebuyers with basic information to consider when purchasing a home. The MHFA shall publish the homebuyers’ guide on its website. The homebuyers’ guide shall include, but not be limited to, information and resources relative to the following: (i) the value of a home inspection; (ii) lead paint disclosure information; (iii) the state environmental code, promulgated by the commissioner of the department of environmental protection pursuant to section 13 of chapter 21A of the General Laws; (iv) disclosure information pursuant to the federal Truth in Lending Act, 15 USC § 1601 et. seq.; (v) the role of a buyer’s agent and a seller’s agent; (vi) the role of an attorney in the home buying process; (vii) the role of banks and mortgage companies; (viii) the role of homeowners associations; (ix) the role of condominium associations; and (x) the role of covenants and deed restrictions.