MA H4350

Authorizes Brookline to impose a real estate transfer fee between 0.5% and 2% on property sales exceeding $1,000,000, with the fee paid by the seller within 7 days of transfer

Revenue split equally: 50% to the Brookline Affordable Housing Trust fund for low- and moderate-income housing programs, and 50% to the Brookline General Fund

Exempts transfers involving government entities, gifts under $100, family transfers, foreclosures, divorce-related divisions, charitable organizations for affordable housing, and properties with at least 25% affordable housing units

Requires Town Meeting majority vote for adoption and mandates annual reporting on fee receipts, housing programs funded, and demographics of individuals served

Provides enforcement mechanisms including license/permit denial and property liens, with appeals available through local procedures and the Appellate Tax Board