Underground Oil Tanks: What Boston-Area Buyers Must Know

Underground Oil Tanks: What Boston-Area Buyers Must Know Does an Underground Oil Tank Affect Buying a Home in Massachusetts? Yes. An unremoved or undisclosed underground oil tank can stop your mortgage and homeowners insurance from closing, and Massachusetts law (M.G.L. c. 21E) holds whoever owns th

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Title V Septic Inspections in Massachusetts: What Greater Boston Sellers Must Know

Do You Need a Title V Inspection to Sell a Home in Massachusetts? Yes — if your Greater Boston home runs on a private septic system instead of municipal sewer, Massachusetts law (Title V, 310 CMR 15.000) requires a passing system inspection before you can close. The inspection must be completed with

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The Massachusetts Homestead Act: Protecting Your Boston Home Equity

Do You Need to File a Homestead Declaration in Massachusetts? In Massachusetts, every owner-occupied primary residence automatically receives $125,000 in homestead protection with no filing required. To protect up to $1,000,000 of your home's equity from creditors and lawsuits, you file a written De

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