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By Mr. Kujawski of Webster, petition (accompanied by bill, House, No. 1551) of Paul Kujawski relative to deeds, mortgages, leases and other agreements of certaincorporations. The Judiciary. |
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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Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
Chapter
221 of the General Laws, as appearing in the 2002 Official Edition, is hereby
amended by adding the following new section:—
Section 46E. The provisions of section 46 shall not apply to a corporation, or
its agents, which has been organized under the provisions of chapter 156 as a
corporation, in the performance by such corporation, or its agents of drafting
deeds, mortgages, leases and agreements in connection with sales or leases made
or negotiated, in examining the title and removing exceptions to such title, in
representing lenders as their closing agents and in issuing title certification
or policy of title insurance premised on evaluation of title to real estate.