Massachusetts S3179 regulates shared equity investments by requiring licenses for investors and setting standards for disclosures, fees, and investor.

Massachusetts S3179 establishes regulations for shared equity investments in residential properties. It mandates that shared equity investors obtain a license from the Massachusetts Commissioner of Banks. The bill outlines specific requirements for license applications, including background checks and fees. It also sets standards for disclosures that investors must provide to homeowners, including details about the investment amount, fees, and settlement terms.

Massachusetts S3179 regulates shared equity investments by requiring licenses for investors and setting standards for disclosures, fees, and investor.

Massachusetts S3179 establishes regulations for shared equity investments in residential properties. It mandates that shared equity investors obtain a license from the Massachusetts Commissioner of Banks. The bill outlines specific requirements for license applications, including background checks and fees. It also sets standards for disclosures that investors must provide to homeowners, including details about the investment amount, fees, and settlement terms.