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MALast updated: 2026-01

Massachusetts Regulations

Comprehensive guide to seller financing laws, usury limits, and disclosure requirements in Massachusetts.

Maximum Interest Rate

20%

Business exemptions may apply

Usury Laws
Interest rate limits and penalties

Maximum Rate

20%

Penalty Type

Criminal penalties possible

Notes

Criminal usury over 20%. Civil usury limits vary by loan type.

Business Exemption

Business loans are generally exempt. Loans over $1,000 have higher limits.

Seller Financing Requirements
Disclosures, licensing, and restrictions

Required Disclosures

  • Seller's Statement of Property Condition (optional but common)
  • Lead-based paint disclosure (pre-1978)
  • Title V septic compliance

Licensing Required

No license required

No license required for seller financing own property.

Consumer Protection
Applicable laws protecting buyers
  • Massachusetts Consumer Protection Act (Chapter 93A)
Real Estate Specifics
Foreclosure process and property laws
  • Mortgage state (judicial foreclosure)
  • Non-judicial power of sale also available
  • No statutory redemption after sale
Compliance Summary
Usury Limit20%
License RequiredNo
Business ExemptYes

Always verify current regulations. This is for educational purposes only.

Legal Disclaimer

This information about Massachusetts regulations is provided for educational purposes only and does not constitute legal or tax advice. Laws change frequently and vary by county and municipality. Always verify current regulations with a licensed Massachusetts attorney before entering into any seller financing arrangement.