April 9, 2020

NEW LAW GIVES MUNICIPALITIES THE OPTION OF EXTENDING MAY 1 REAL ESTATE TAX PAYMENT DEADLINE

 

Section 10 of An Act to Address Challenges Faced By Municipalities and State Authorities Resulting From COVID-19   (the “Act”) gives municipalities the option to extend any real estate tax payments due on May 1 to June 1, 2020. Since the option to extend the deadline is discretionary, Agents are advised to check with each municipality to determine whether or not the City/Town has extended the tax payment deadline.

 

EXTENSION OF DEADLINES UNDER M.G.L.

CH. 61, 61A AND 61B

 

Section 9 of the Act further suspends all time periods for a City/Town to act under its right of first refusal under M.G.L. ch. 61, 61A and 61B for ninety (90) days after the termination of the Governor’s declared state of emergency.

 

Please do not hesitate to contact a member of our Underwriting team to assist you with any of your underwriting questions. As always, our entire Massachusetts staff is available to assist you in any way that we can. Please click here for contact information.

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Please continue to check out our dedicated webpage for COVID-19 information and guidance, on a regular basis. We will be updating the material as we learn of new developments.