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Bay State REALTOR® Law and Ethics

New State Smoke Detector Requirements
3/8/2010
On April 5, 2010, a new regulation regarding the installation and maintenance of smoke detectors goes into effect.

Data Security Compliance Law in Effect March 1
2/24/2010
The Data Security Law, General Law 201 CMR 17.00, which requires all persons and businesses with personal information to adopt written policies for protection of information, goes into effect on March 1, 2010.

Licensing Law - Online Continuing Education
2/23/2010
The Massachusetts Real Estate Board of Licensure has finalized a policy for offering continuing education online.

Legal Realtor: Credit Scores and Lending Risks
2/22/2010
The recent economic downturn and increase in foreclosures has made lenders much more sensitive to the risks they undertake when lending and have tightened their standards when evaluating the creditworthiness of borrowers.

Legal Hotline: Homeowner Oil Heating System Upgrade and Insurance Law
2/22/2010
The law regarding compliance rules for all Massachusetts homes heated with oil is designed to eliminate the oil leaks that have plagued numerous older homes in the commonwealth.

Legal Hotline: New Tax Credit Extension Info You Need to Know
12/21/2009
Four Things REALTORS® and Consumers Need to Know About the NEW EXPANDED 2009/2010 Homebuyer Tax Credit Extension – EFFECTIVE IMMEDIATELY!

License Law: Renewing Licenses and Reporting Affiliation Cautions
12/21/2009
The Massachusetts Board of Registration of Real Estate Brokers and Salespersons answers queries by agents in the field regarding real estate licensing in Massachusetts.

Legal REALTOR®: Enforcable Dealines-
12/21/2009
Generally, to transform a date into an enforceable deadline, it is necessary to include the magic phrase – “time is of the essence.”

Homebuyer Tax Credit Expanded and Extended
11/9/2009
The First-Time Homebuyer Tax Credit has been expanded and extended to April 30, 2010.

Licensing Law: Escrow Obligations and Your Address
10/27/2009
Below, the Massachusetts Board of Registration of Real Estate Brokers and Salespersons answers queries by agents in the field regarding real estate licensing in Massachusetts.

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