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Financial Services Law Insights and Observations

Massachusetts temporarily waives requirements for certain residential property inspections prior to sale

State Issues Massachusetts State Regulation Real Estate Home Inspection Mortgages Covid-19

State Issues

On March 20, the Massachusetts governor ordered that the inspections for smoke alarms and carbon monoxide detectors required by state law in connection with residential property sales may be deferred, provided that (1) the buyer agrees to take responsibility for equipping the property with the requisite alarms and detectors; and (2) the inspection is conducted within 90 days after the state of emergency for the Covid-19 outbreak is lifted.