Massachusetts real estate laws are a complex set of statutes designed to deal with all kinds of real estate transactions like buying, selling, leasing or hiring of property.
All these are regulated by the state law and the national code of ethics in Massachusetts.
The real estate Laws include:
- The relationship between buyer, seller and agents in a real estate transaction are explained in detail in the Massachusetts real estate laws.
- According to the law a Massachusetts Mandatory License Consumer Relationship disclosure that describes
the relationship between the consumers and the agents should be filled.
- The disclosure should include every detail of the property so as to make terms familiar to the buyer.