Change of Ownership Notification - Massachusetts

Change of Ownership Notification is a legal document that was released by the Massachusetts Department of Environmental Protection - a government authority operating within Massachusetts.

FAQ

Q: What is a change of ownership notification?
A: A change of ownership notification is a form that must be submitted to the state of Massachusetts when there is a transfer of ownership of a business.

Q: When is a change of ownership notification required?
A: A change of ownership notification is required within 30 days of a change in ownership of a business.

Q: Who is responsible for submitting the change of ownership notification?
A: The new owner of the business is responsible for submitting the change of ownership notification.

Q: What information is required on the change of ownership notification form?
A: The change of ownership notification form requires information such as the previous owner's name, the new owner's name, and the effective date of the ownership change.

Q: Are there any fees associated with submitting the change of ownership notification?
A: There may be a fee associated with submitting the change of ownership notification. You should check with the state of Massachusetts for current fee information.

Q: What happens after I submit the change of ownership notification form?
A: After you submit the change of ownership notification form, the state of Massachusetts will update their records to reflect the new ownership of the business.

Q: Is it necessary to notify any other agencies or entities of the change of ownership?
A: It may be necessary to notify other agencies or entities of the change of ownership. You should check with the appropriate agencies and entities to determine if additional notifications are required.

Q: What are the consequences of not submitting a change of ownership notification?
A: Failure to submit a change of ownership notification may result in penalties or legal consequences.