The Commonwealth of Massachusetts
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PETITION OF:
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In the Year Two Thousand and Seven.
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An Act relative to the disclosure of wetlands on property. . |
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
SECTION 1. Chapter 112 of the General Laws is hereby amended by inserting after section 87 AAA, as appearing in the 2002 Official Edition, the following section:
Section 87AAA ¼. A real estate agent, broker or salesman licensed under the provisions of this chapter shall disclose to prospective buyer in writing:
-That the property to be sold may be in its entirety, or in part, a wetland as such term is defined in section 40 of chapter 131 of the General laws, or by regulations promulgated hereunder, or in any ordinance or by-law of the municipality where the property is located.
-The definition of the term “Wetlands” as defined in chapter 131
-Any home owner restrictions on the property to be sold associated with wetlands
-The need for the home owner to file a “Notice of Intent” prior to any work being performed within 100 feet of a wetland area.
The buyer shall sign a disclosure form as provided by the real estate agent, broker or
salesman containing the aforementioned information. A notarized copy of said
disclosure shall be provided to the real estate agent, broker or salesman.