Boston City Council Rejects Proposed Rental Registration Ordinance
The Boston City Council rejected without prejudice a proposed ordinance that would have required mandatory inspections of over 140,000 rental apartment units in Boston. This ordinance would have replaced the current requirement of inspection at the time of lease expiration. To accomplish this task the City was planning to hire at least seventeen new staff and would have assessed over 2 million dollars in new fees to owners. In addition, it would have required owners of rental property to register with the city and pay an annual fee per rental unit. There will likely be another proposal introduced on this issue in late November 2012. The Greater Boston Real Estate Board would like to thank its members for making contact with Boston City Councilors to talk about their concerns with this proposal. Your voices were heard.
Click here to read an earlier story which reported the requirements the ordinance would have included.