Light Restrictions
Remit taxes, $1,000,000 liability insurance, register
Currently, Airbnb is collecting and remitting taxes on behalf of the host.
Non-Judicial
In a non-judicial foreclosure state, the lender does not need to go through the court system in order to foreclose on a property. This process can be quicker and less expensive for the lender compared to a judicial foreclosure.
Attorneys handle closings. Conveyance is by warranty deed in the western part of the state and by quitclaim deed in the eastern part. Mortgages with private power of sale are the customary security instruments. Creditors forced to foreclose generally take advantage of the private power of sale, but they may foreclose through peaceable entry (entering unopposed in the presence of two witnesses and taking possession for 3 years) or through the rarely used judicial writ of entry. Frequently, cautious creditors will foreclose through both power of sale and peaceable entry. People in Massachusetts use ALTA owner’s and lender’s title insurance policies and endorsements. Buyers pay closing costs and title insurance fees, except in Worcester, where sellers pay. Sellers pay the documentary taxes. Property taxes are payable in two installments, November 1st and May 1st.
Due November 1st and May 1st
NO. Although renting and leasing activities are considered real estate activities undertaken by a real estate broker, if those activities are incidental to his or her involvement as a property manager, a real estate broker license is not required. For more information about these and other Massachusetts property management requirements and exceptions, please contact the Massachusetts Board of Real Estate Salespersons and Brokers.
NO. A broker's license is not required to manage community associations or condo associations in Massachusetts. For questions about property management requirements in Massachusetts, please contact the Board of Registration of Real Estate Brokers & Salespersons.
Warranty deed and Quit claim deed.
The Pearl certification can be earned based on a property's performance in the following categories: buidling shell, heating & cooling, baseload, home management, renewable energy and energy storage. There are 4 levels of certification all of which reflect highly on a home's performance, sustainability, and value.
DaSolar's Energy Tax Credit Search Tool allows you to search energy rebates by state.
The Forest Stewareship Council provides user with a search tool to find essential materials and products for those looking to do home renovation based on their location. The FSC works to prohibit deforestation, wildlife habitat, and water quality, tightly restrict the use of hardous chemicals, ensure forests are mananged at sustainable rates of growth and harvesting, protect rare old growth forests and the right of indigenous Peoples. They are the gold standard of forest management and their search tool can be used in the US, Canada, and Mexico.
