A new Massachusetts law passed in August 2024 as part of the Affordable Homes Act reinforces an important protection for home buyers: the right to a home inspection. With implementation regulations due by June 15, 2025, this measure addresses longstanding concerns around the pressure some buyers face to waive inspections in competitive markets.
Under the new law, sellers can no longer condition their acceptance of an offer on the buyer's willingness to forgo an inspection. It also restricts how any waivers or limitations on inspections may be presented. In practical terms, this means that even if a buyer or their agent indicates a desire to waive a home inspection, the seller is prohibited from considering that offer.
This shift reflects a broader push toward consumer protection. By preventing inspection waivers from becoming a backdoor method to hide material defects, the law aims to create a more transparent and informed transaction process. There is also expected guidance on what a pre-offer inspection actually covers, helping buyers understand the limitations of such assessments and reducing confusion around what they are giving up when opting out of a full inspection.
For buyers who still choose to limit or waive inspections, the law will provide clearer definitions of their rights and responsibilities. Real estate professionals will also face legal consequences if they participate in any effort to bypass these new requirements.
In a market where speed can often feel like the top priority, this legislation underscores the importance of diligence. Buyers can move forward with greater confidence knowing that their right to understand the condition of a property is now legally protected.
If you have questions about how this new law may impact your next transaction, Oak Realty is here to help you navigate every step with clarity and care.