Massachusetts Statutes

§ 28 — Interest

Massachusetts·Part III COURTS, JUDICIAL OFFICERS AND PROCEEDINGS IN CIVIL CASES·Title III REMEDIES RELATING TO REAL PROPERTY·Ch. 244 FORECLOSURE AND REDEMPTION OF MORTGAGES
Section 28. If the court finds that the mortgagee has not unreasonably neglected or refused to render a true account of rents and profits of the land mortgaged, it may award him the balance found due on the mortgage, with interest thereon at a rate of not more than twelve per cent a year from the expiration of three years after the entry to the date of the judgment.

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